| Founded | 2015 |
|---|---|
| Country | India |
| Sector | Healthtech |
| Total raised | ~$1.6B |
| Collapse type | Slow Death |
| Founder | Dharmil Sheth |
PharmEasy
"India's $5.6B online pharmacy collapsed to a $216M valuation — a 96% wipeout — without filing for bankruptcy"
Years-long decline before final shutdown
Key Events Timeline
PharmEasy (API Holdings) was founded in 2015 in Mumbai by Dharmil Sheth and Dr.
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