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Joseph Rai

Swiggy, Zomato raise fresh funding as lockdown disrupts food delivery ops

TMT

06 April, 2020

Swiggy, Zomato raise fresh funding as lockdown disrupts food delivery ops

Indian food delivery rivals Swiggy and Zomato have received fresh capital with the former raising as much as $43 million ......

Podcast: Can startups depend on venture debt in the wake of coronavirus?

Finance

06 April, 2020

Podcast: Can startups depend on venture debt in the wake of coronavirus?

Over the past few weeks much has been talked about how startups will cope with the impact of the coronavirus ......

Health-tech startup Akna Medical bags Series A funding from LGT Lightstone

TMT

06 April, 2020

Health-tech startup Akna Medical bags Series A funding from LGT Lightstone

Akna Medical Pvt. Ltd, which operates a healthcare supply chain, has raised $7 million (around Rs 54 crore) in its ......

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COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Healthcare

06 April, 2020

COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Last month, the Indian government allowed some accredited private labs to test coronavirus samples. The move was seen as a ......

Aavishkaar Capital logs out of sanitation services firm Sara Plast

Infrastructure

03 April, 2020

Aavishkaar Capital logs out of sanitation services firm Sara Plast

Aavishkaar Capital, the impact investment arm of the Aavishkaar Group, has fully exited portable sanitation services firm Sara Plast. The impact ......

Fintech startups, Nykaa attract VC investments this week

TMT

03 April, 2020

Fintech startups, Nykaa attract VC investments this week

Fintech startups Juspay and Recko raised Series B and Series A funding, respectively, while beauty e-tailer Nykaa drew in a ......

Aurobindo Pharma's $1-bn deal with Novartis unit Sandoz collapses

Healthcare

02 April, 2020

Aurobindo Pharma's $1-bn deal with Novartis unit Sandoz collapses

Aurobindo Pharma Ltd’s planned acquisition of the US generic oral solids and dermatology businesses of Sandoz Inc., a unit of ......

LeapFrog leads funding round in genomics firm MedGenome

Healthcare

01 April, 2020

LeapFrog leads funding round in genomics firm MedGenome

MedGenome Labs Pvt. Ltd, a genomics-based diagnostics and research firm, on Wednesday said it has raised $55 million (Rs 411 ......

Aavishkaar Capital doubles down on agri-tech startup Ergos in Series A funding

TMT

01 April, 2020

Aavishkaar Capital doubles down on agri-tech startup Ergos in Series A funding

Aavishkaar Capital, the impact investment arm of the Aavishkaar Group, on Wednesday, said it has invested Rs 35 crore ($5 ......

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Startup funding deals drop to five-year low as coronavirus spreads

Finance

31 March, 2020

Startup funding deals drop to five-year low as coronavirus spreads

The pace of funding for Indian startups in the first quarter of the year slowed to a five-year low as ......