Prosus Ventures and TPG Growth led a $350m Series E funding round in PharmEasy.

Prosus Ventures, a venture capital firm, and TPG Growth, a private equity investment firm, led a $350m Series E funding round in PharmEasy, an Indian online pharmacy app. Additional investors include Temasek, CDPQ, LGT Lightrock, Eight Roads and Think Investments. “I am particularly proud that we have been able to not only provide consumers with much faster and easier access to the healthcare products and services they need but that we have been able to do so by empowering and digitizing 60k small pharmacy stores that provide such an essential service to the Indian public. Finding a solution that means we can work together, and all parties can benefit from the improvements in the system continues to be a driving force for the entire team," Siddharth Shah, API Holdings Co-Founder and CEO.