Pharmeasy valuation cut to 2.8B
Valuation of online medical startup pharmasy's valuation slashed second time in a week to 2.8B from 5.6B by Jenus Henderson AMC.
What does this mean?
Let's say SBI is an investor in Pharmaeasy and has invested 100 crores but SBI refuses to believe/go along with devaluation of Jenus Henderson. When employees tries to sell the ESOPs to SBI at year end, will SBI buy at ESOPs value or devalued ESOP value?
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