PharmEasy was founded in November 2015 by Dharmil Sheth and Gaurav Aggarwal. It is based in Mumbai.
PharmEasy raised its Series A funding of $4 million led by Falcon Edge Capital in August 2016. A month later, it raised $11 million in Series B funding led by Horizon Ventures, with participation from LGT, Qualcomm Ventures, and Occam Partners.
In May 2018, it raised $30 million in Series C funding led by Eight Roads Ventures. Existing investors Horizon Ventures, LGT, Qualcomm Ventures, and Occam Partners also participated in this round.
In February 2019, it raised $50 million in a Series D funding led by Temasek Holdings. Existing investors Eight Roads Ventures, F-Prime Capital, Horizon Ventures, LGT, Qualcom Ventures, and Occam Partners also participated in this round.
In September 2019, it raised $170 million in a Series E funding round led by Temasek Holdings, with participation from returning investors such as Eight Roads Ventures, F-Prime Capital, Horizon Ventures, LGT, Qualcom Ventures, and Occam Partners.
PharmEasy has raised a total of $321 million from investors such as Eight Roads Ventures, F-Prime Capital, Horizon Ventures, LGT, Qualcom Ventures, Occam Partners, Falcon Edge Capital, Temasek Holdings, and others.
