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Accel eyes stake in India’s Truemeds at $330 million valuation

  • Accel is reportedly in advanced discussions to lead a funding round of $30-40 million in Indian online pharmacy, Truemeds.
  • The proposed valuation for Truemeds is around $330 million.
  • The deal is not yet finalized and the terms may still change.
  • Truemeds aims to disrupt the supply chain of medicine by eliminating middlemen and reducing medication costs.

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