Temasek and CDPQ Back PharmEasy in the Latest Round

Posted on 11/27/2019


Mumbai-based PharmEasy is an online pharmacy startup founded by Dhaval Shah and Dharmil Sheth in 2015. PharmEasy raised US$ 220 million in a round of financing led by Singapore’s Temasek Holdings. Other new investors in the round include LGT Group, South Korea’s KB Financial Group, and Caisse de dépôt et placement du Québec (CDPQ). Existing investors Bessemer Venture Partners, Orios Venture Partners, Eight Roads, Infosys co-founder Nandan Nilekani, Fundamentum, and Helion Ventures co-founder Sanjeev Aggarwal, joined as well.

Keywords: Caisse de depot et placement du Quebec.