Top Stories

 Exclusive: Modern Family Doctor eyes fresh funds for expansion

Joseph Rai

Modern Family Doctor Pvt. Ltd (MFD), a chain of neighbourhood clinics and pharmacies, plans to raise fresh funds as it seeks to enter new geographies and more than double the number of its clinics in 18 months, a top company executive told VCCircle.

Dr. Reddy's acquires six consumer healthcare OTC brands in US


Dr. Reddy's Laboratories Ltd has acquired a portfolio of half a dozen over-the-counter (OTC) drug brands from American drugmaker Ducere Pharma to enter the branded consumer health business in the US, it said on Wednesday.

It did not disclose the deal amount.

Pediatric healthcare chain AddressHealth gets $1.5 mn from Gray Matters, Unitus

Vijayakumar Pitchiah

Bangalore-based pediatric healthcare chain AddressHealth Solutions India Pvt. Ltd has raised $1.5 million (around Rs 10 crore) in a Series A funding round led by US-based Gray Matters Capital. Existing investor Unitus Seed Fund also participated in the round, it said in a statement.

 Sequoia-backed Moolchand Healthcare struggles to stay fit

Joseph Rai

Delhi-based Moolchand Healthcare Pvt Ltd, which had made ambitious growth plans through a mix of organic expansion and acquisitions three years ago, has seen its revenues get stuck in a narrow band and profits slide after signing a significant deal to expand beyond its home city.

Bayer's $62 bn buyout bid for Monsanto triggers open offer rally in Indian listed arm

Shares of Monsanto India have surged about 30% in the past two weeks.