Pharm Easy Co-founder buys duplex apartment at Rs 40 cr in Mumbai

26 Aug 2021 CW Team

The Co-founder of PharmEasy, Siddharth Shah, bought a 40 crore premium duplex apartment in Khar, Mumbai, which spreads across 5,445 sq ft. The sixth floor of the apartment of the Wadhwa Samarpan will provide him exclusive access to three car parks.

Siddharth, an IIT-Ahmedabad graduate, is the chief executive of API Holdings that runs PharmEasy. The pharmacy has become India's largest online e pharmacy after the acquisition of Medlife and the first Indian start-up e-pharmacy to enter the unicorn club.

On 31 March, the property transaction was concluded, which was the last date to get the benefit of the lower stamp duty by the Maharashtra government. The final registration was made on 20 August. Shah paid Rs 1.50 crore as stamp duty for the transaction.

With the aim to boost the real estate sector, about 260 linked industries encouraging housing sales, the state government has announced stamp duty reduction from 5% to 2% from September to December. Between January and March, the stamp duty was charged at 3%.

Since last year, Mumbai's real estate market has seen several high-value property transactions for several luxury apartments.

Several corporates, business founders, bollywood actors, industrialists, investors, bankers and cricketers have bought luxury apartments during the period.

Image Source

Also read: Promoters of JB Chemicals buy luxury property in Mumbai at Rs 138 cr

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..