Tech
Pharmeasy founder Siddharth Shah steps down as CEO
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Pharmeasy founder Siddharth Shah stepped down as the chief executive of the online pharmacy startup on Wednesday. He will assume the role of vice-chairman at Pharmeasy’s parent company, API Holdings.
Rahul Guha, the CEO of Thyrocare, will succeed Shah as the Pharmeasy CEO. API Holdings had acquired a 66.1% stake in Thyrocare for Rs 4,546 crore in June 2021. Thyrocare is listed in the public markets, while Pharmeasy is yet to float an initial public offering.
” The board of directors of API Holdings Limited… has approved the additional responsibility…
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