{"id":851671,"date":"2024-09-04T09:41:39","date_gmt":"2024-09-04T04:11:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=851671"},"modified":"2024-09-04T09:47:09","modified_gmt":"2024-09-04T04:17:09","slug":"pharmeasy-sees-92-cut-in-valuation-at-458-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/04\/pharmeasy-sees-92-cut-in-valuation-at-458-million\/","title":{"rendered":"PharmEasy sees 92% cut in valuation at $458 million"},"content":{"rendered":"<p>API Holdings, the parent company of online pharmacy PharmEasy, has seen a 92% markdown in its valuation \u2014 plunging from a peak of $5.6 billion in 2021 to $458 million, according to recent SEC filings. <\/p>\n<p>Global asset management firm Janus Henderson, which made its first investment in PharmEasy during the company\u2019s Series F funding round in 2021, has reduced its valuation of the company. The firm, which initially invested approximately $100 million, has marked down its investment by 91.8%, reflecting a profound loss in investor confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>API Holdings, the parent company of online pharmacy PharmEasy, has seen a 92% markdown in its valuation \u2014 plunging from a peak of $5.6 billion in 2021 to $458 million, according to recent SEC filings. Global asset management firm Janus Henderson, which made its first investment in PharmEasy during the company\u2019s Series F funding round in 2021, has reduced its valuation of the company. The firm, which initially invested approximately $100 million, has marked down its investment by 91.8%, reflecting a profound loss in investor confidence.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-851671","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=851671"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851671\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=851671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=851671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=851671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}