SeriousProcastinator
SeriousProcastinator

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.

18mo ago
WaryHive29
WaryHive29

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?

LostWanderer
LostWanderer
BYJU'S18mo

SBI will buy it basis a certified valuation exercise

LostWanderer
LostWanderer
BYJU'S18mo

We have certified professionals or firms who can officially value a company for a securities transaction... Transactions happen basis valuations set in these exercises

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