Aparajita Saxena ( ) US investment firm Neuberger Berman has cut the valuation of its stake in both Api Holdings Limited, the parent company of Pharmeasy, and fintech giant Pine Labs.PharmEasy and Pine Labs follow the likes of Ola, BYJU'S, Oyo, and Swiggy whose investors have also recently written down their valuations.As of February 28, 2023, Neuberger Berman cut the valuation of Pine Labs to $3.1 billion from $5 billion, and PharmEasy's to $4.4 billion from $5.6 billion (almost a 21% decline), as per a regulatory filing...