Archive · 7 Aug 2025
PharmEasy Founder Siddharth Shah Steps Down as CEO
Siddharth Shah, who started PharmEasy, is no longer the boss.
Rahul Guha, currently the CEO of Thyrocare, will take over.
Shah will take on a different role as director and vice chairman at API Holdings, PharmEasy's parent company.
PharmEasy is an online store for medicines that also provides diagnostic services.
The company's financial losses have decreased recently.
Other people who started PharmEasy also left the company earlier to create their own new company.
PharmEasy founder Siddharth Shah steps down as CEO.
Rahul Guha, Thyrocare CEO, will succeed Shah.
Shah will become director and vice chairman at API Holdings.
PharmEasy's losses were reduced in the last financial year.
Other founders left earlier to start a new venture.
- Who
- Siddharth Shah is the founder of PharmEasy, and Rahul Guha is the new CEO.
- What
- Siddharth Shah stepped down as CEO of PharmEasy.
- When
- Rahul Guha will become CEO effective August 21.
- Where
- PharmEasy is based in Mumbai.
- Why
- The decision was made on the recommendation of the nomination and remuneration committee.
- New CEO
- Rahul Guha
- Former CEO
- Siddharth Shah
- New Role for Shah
- Director and Vice Chairman at API Holdings
- Company
- PharmEasy
- Parent Company
- API Holdings
- Founded
- 2015
- FY24 Loss
- INR 2,531.1 Cr