Online medical store PharmEasy targets $842 million IPO
The Hindu
The company provides health services ranging from tele-consultation to radiology tests to home delivery of medical products and devices.
Indian digital healthcare platform PharmEasy filed on Wednesday, November 10, 2021, for an initial public offering (IPO) of up to 62.50 billion rupees ($842.43 million),becoming the latest startup in the country to pursue a domestic stock listing.
The company provides health services ranging from tele-consultation to radiology tests to home delivery of medical products and devices.
For the three months ended June 30, the proforma gross merchandise value or the total monetary value of all sales for the company stood at 30.26 billion rupees.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












