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Joseph Rai

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Explained: How treating medical devices as ‘drugs' will affect companies, investors

Healthcare

13 February, 2020

Explained: How treating medical devices as ‘drugs' will affect companies, investors

From April, all medical devices sold in India will be treated as ‘drugs’. On Tuesday, the central government issued a ......

Premium
Kedaara Capital backs Gujarat life sciences firm in first pharma bet

Healthcare

12 February, 2020

Kedaara Capital backs Gujarat life sciences firm in first pharma bet

Homegrown private equity firm Kedaara Capital has made its first pharmaceuticals bet with an investment in a bulk-drugs maker based ......

Dr Reddy's Labs to acquire part of Wockhardt's generics business for $260 mn

Healthcare

12 February, 2020

Dr Reddy's Labs to acquire part of Wockhardt's generics business for $260 mn

Dr Reddy's Laboratories Ltd has agreed to acquire select divisions of Wockhardt Ltd’s generics drug business in India and a ......

Premium
Iron Pillar eyes more capital after fully committing debut fund

TMT

12 February, 2020

Iron Pillar eyes more capital after fully committing debut fund

Iron Pillar, one of the few mid-stage-focused venture capital investors in India, is eyeing more capital after fully committing its ......

Sequoia's Surge, Blume lead pre-series A funding in ed-tech startup Classplus

TMT

11 February, 2020

Sequoia's Surge, Blume lead pre-series A funding in ed-tech startup Classplus

Ed-tech startup Classplus said on Tuesday it has raised $2.5 million (Rs 17.8 crore) in its pre-Series A round of ......

KKR, Swiss firm eye NMC Health as billionaire BR Shetty's stake under scanner

Healthcare

11 February, 2020

KKR, Swiss firm eye NMC Health as billionaire BR Shetty's stake under scanner

Private equity firm KKR & Co Inc and Switzerland-based GK Investment Holding Group have shown initial interest in NMC Health ......

Cipla buys four women-focused brands from Mumbai-based Wanbury

Healthcare

10 February, 2020

Cipla buys four women-focused brands from Mumbai-based Wanbury

Indian pharmaceutical major Cipla Ltd said it has acquired four women-focused nutraceutical products from Mumbai-based drugmaker Wanbury Ltd. The four brands ......

1mg, PayU India co-founder's startup get biggest VC cheques this week

TMT

07 February, 2020

1mg, PayU India co-founder's startup get biggest VC cheques this week

Online pharmacy 1mg raised $10 million in fresh capital from the Bill & Melinda Gates Foundation to top the venture ......

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How OrbiMed-backed Eurolife aims to tap into overseas markets for growth

Healthcare

07 February, 2020

How OrbiMed-backed Eurolife aims to tap into overseas markets for growth

Eurolife Healthcare Pvt. Ltd, which is backed by healthcare-focused private equity firm OrbiMed, aims to double its revenue in the ......

Kedaara Capital to pick up stake in Religare Health Insurance

Finance

07 February, 2020

Kedaara Capital to pick up stake in Religare Health Insurance

Financial services company Religare Enterprises Ltd, which has been selling its assets to pare debt, has found a new investor ......