Joseph Rai
Healthcare
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 ......
Healthcare
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 ......
Healthcare
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 ......
TMT
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 ......
TMT
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 ......
Healthcare
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 ......
Healthcare
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 ......
TMT
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 ......
Healthcare
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 ......
Finance
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 ......