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Joseph Rai

Budget 2020: Cheer for medical device makers, viability gap funding for hospitals

Healthcare

01 February, 2020

Budget 2020: Cheer for medical device makers, viability gap funding for hospitals

Finance minister Nirmala Sitharaman in her Budget proposed to impose a cess on the import of medical devices as India ......

Fintech, ed-tech startups dominate VC funding this week

TMT

31 January, 2020

Fintech, ed-tech startups dominate VC funding this week

Consumer lending platform MoneyTap raised $70 million in equity and debt from a clutch of investors to lead the venture ......

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Finance

30 January, 2020

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Swiss hedge fund Schroder Adveq has raised nearly half of the amount it seeks to raise for its new Asia ......

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

Finance

30 January, 2020

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has floated its sixth global fund. The ......

Infosys startup fund strikes second exit, takes a haircut again

TMT

30 January, 2020

Infosys startup fund strikes second exit, takes a haircut again

Infosys Innovation Fund, the $500-million startup fund of software services firm Infosys Ltd, has offloaded its stake in Danish artificial ......

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How much did CDC Group make by paring stake in hospital chain?

Healthcare

29 January, 2020

How much did CDC Group make by paring stake in hospital chain?

CDC Group Plc, the UK government’s development finance institution, has struck a partial exit from a hospital chain in which ......

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Temasek stares at massive haircut from Indian pharma investment

Healthcare

28 January, 2020

Temasek stares at massive haircut from Indian pharma investment

Singapore state investor Temasek Holdings is staring at a sharp loss from its nearly five-year-old investment in an Indian drugmaker ......

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Capital Group's partner responsible for India investments quits

Finance

27 January, 2020

Capital Group's partner responsible for India investments quits

A senior executive at Capital Group who was responsible for its India investments has left after spending more than a ......

JSW Ventures set to mark first close of new VC fund

Finance

27 January, 2020

JSW Ventures set to mark first close of new VC fund

JSW Ventures, the venture capital arm of billionaire Sajjan Jindal‎-led JSW Group, is set to make the first close of ......

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Ola backer Falcon Edge hits final close of debut India-focused fund

Finance

24 January, 2020

Ola backer Falcon Edge hits final close of debut India-focused fund

Falcon Edge Capital, a New York-based hedge fund and venture stage investor that has invested in cab-hailing firm Ola and ......