News Update

Facebook’s Co-Founder, Eduardo Saverin Buys Stake At PharmEasy

• ByStartupStory     |    June 17, 2021

Facebook’s co-founder buys stake at PharmEasy for no less than an amount of $ 20 million.Eduardo Saverin’s B Capital invests in a minority stake in an online pharmacy – PharmEasy.  PharmEasy is one of the growing tycoons when it comes to online business, and thus Saverin’s investment. The online Pharmacy is now valued at $1.8 billion, whereas in April it was valued at $1.5 billion. 

Pharmeasy has also recently acquired one of it’s rival company, Med Life, is currently the only standalone e pharmacy in INDia at the moment, the reason why Facebook’s co-founder buys stake at PharmEasy.  It is currently targeting a public market listing, which will increase its valuation from $3 billion to $400 – 4500 million.

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