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Sreeja Biswas

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Searchlight: Emnar Pharma poised to turn around after a decline in FY23 financials

Healthcare

27 May, 2024

Searchlight: Emnar Pharma poised to turn around after a decline in FY23 financials

Emnar Pharma Pvt. Ltd (formerly Emmennar Pharma), a part of the Virchow group, is likely to see a rebound in ......

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Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

General

27 May, 2024

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

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Exclusive: US pension fund CalPERS looks to invest in another Indian hospital

Healthcare

24 May, 2024

Exclusive: US pension fund CalPERS looks to invest in another Indian hospital

The California Public Employees’ Retirement System (CalPERS), the largest US public pension fund and a limited partner in several global ......

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Grapevine: JB Chemicals gets more suitors; Disney set to exit Tata Play

General

24 May, 2024

Grapevine: JB Chemicals gets more suitors; Disney set to exit Tata Play

Indian drugmakers Mankind Pharma, Dr Reddy’s Laboratories, and Torrent Pharma are in the race to acquire JB Chemicals & Pharmaceuticals ......

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General Atlantic kicks off exit plan from India healthcare portfolio firm

Healthcare

22 May, 2024

General Atlantic kicks off exit plan from India healthcare portfolio firm

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India, has started the process ......

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Grapevine: Oyo taps family offices for funds; KKR eyes RE Sustainability exit

General

22 May, 2024

Grapevine: Oyo taps family offices for funds; KKR eyes RE Sustainability exit

Hospitality startup Oyo, is seeking $80-90 million (Rs 660-750 crore) from family offices as part of its ongoing funding round, a ......

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Bottomline: True North-backed Anthem Bio's margins shrink again, revenue remains in a spot

Healthcare

21 May, 2024

Bottomline: True North-backed Anthem Bio's margins shrink again, revenue remains in a spot

Anthem Biosciences Pvt Ltd had nearly doubled its revenue in FY21, the same year in which it hit a billion-dollar valuation following ......

KKR invests in healthcare solutions firm Infinx, Norwest Venture also makes top-up

Healthcare

21 May, 2024

KKR invests in healthcare solutions firm Infinx, Norwest Venture also makes top-up

US private equity firm KKR & Co Tuesday said it has acquired a “significant” minority stake in Infinx Services Pvt Ltd, an AI-driven healthcare ......

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Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

General

21 May, 2024

Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

Promoters of Haldiram Snacks Foods are reluctant to sell their stakes to private equity (PE) firms and have dismissed reports ......

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PE investors of Fortis-controlled Agilus may finally get an exit

Healthcare

20 May, 2024

PE investors of Fortis-controlled Agilus may finally get an exit

International Finance Corporation and two other private equity investors of Agilus Diagnostics Ltd may finally be able to exit the ......