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Joseph Rai

Omnivore elevates two principals to partner positions

People

09 January, 2020

Omnivore elevates two principals to partner positions

Agritech-focused venture capital investor Omnivore, which raised a larger new fund last year, on Thursday said it has elevated Reihem ......

Strides Pharma hires Cipla executive as CEO as founder steps aside

Healthcare

09 January, 2020

Strides Pharma hires Cipla executive as CEO as founder steps aside

Strides Pharma Science Ltd said it has recruited R Ananthanarayanan from pharmaceuticals major Cipla Ltd as its chief executive officer ......

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B2B marketplace Bulk MRO gets new investor as revenue soars

TMT

08 January, 2020

B2B marketplace Bulk MRO gets new investor as revenue soars

Business-to-business(B2B) marketplace startup Bulk MRO Industrial Supply Pvt. Ltd, which is backed by US incubator Y Combinator, has raised fresh ......

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ChrysCapital logs out of drugmaker with below-par returns

Healthcare

08 January, 2020

ChrysCapital logs out of drugmaker with below-par returns

Homegrown private equity firm ChrysCapital has fully exited its more than seven-year-old investment in a pharmaceutical company with below-average returns. ChrysCapital ......

Pharmacy chain Generico raises venture debt from Alteria Capital

Healthcare

07 January, 2020

Pharmacy chain Generico raises venture debt from Alteria Capital

Generico, a pharmacy retail chain that sells low-cost generic medicines, has raised Rs 10 crore ($1.39 million) in venture debt ......

True North to invest $75 mn in Biocon's biosimilar unit

Healthcare

06 January, 2020

True North to invest $75 mn in Biocon's biosimilar unit

Indian biotechnology firm Biocon Ltd on Monday said that private equity firm True North will invest Rs 536.25 crore ($74.84 ......

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Kuwait's sovereign wealth fund bets on Indian hospital chain

Healthcare

06 January, 2020

Kuwait's sovereign wealth fund bets on Indian hospital chain

Kuwait Investment Authority, the Gulf nation’s sovereign wealth fund, has bet on a publicly listed Indian hospital chain, a person ......

GoMechanic leads startup funding deals this week

TMT

03 January, 2020

GoMechanic leads startup funding deals this week

Automobile maintenance and servicing startup GoMechanic raised around $15 million in its Series B funding round to top the venture ......

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Cygnus's Shuchin Bajaj on why the hospital chain chose a strategic investor over PE

Healthcare

03 January, 2020

Cygnus's Shuchin Bajaj on why the hospital chain chose a strategic investor over PE

Cygnus Medicare Pvt. Ltd, which has more than 10 super-speciality hospitals across Delhi, Haryana, Uttar Pradesh and Uttarakhand, recently roped ......

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Accel, Matrix Partners bet on education startup

Consumer

02 January, 2020

Accel, Matrix Partners bet on education startup

Venture capital firms Accel and Matrix Partners India have invested in an education startup, a person familiar with the development ......