Joseph Rai
Finance
Matrix Partners raises $300 mn for third India fund
Multi-stage investment firm Matrix Partners has raised $300 million (Rs 2,100 crore) for its third India-dedicated fund. The new fund--Matrix Partners ......
Healthcare
Cadila to buy majority stake in Tano Capital-backed Windlas Biotech's unit
Drugmaker Cadila Healthcare Ltd, which operates under the Zydus Cadila brand, has agreed to acquire a 51% stake in pharmaceuticals ......
People
BCCL veteran takes up role at VC firm Blume Ventures
A senior Bennett, Coleman & Co Ltd (BCCL) executive has quit after spending nearly two decades at the media conglomerate ......
TMT
PVR to purchase SPI Cinemas to expand in south India
PVR Ltd has agreed to purchase a majority stake in SPI Cinemas Pvt. Ltd, as India's biggest multiplex chain continues ......
Consumer
Food-tech startup Faasos raises fresh funding led by new investors
Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd has raised fresh funding led ......
TMT
Check out the top VC bets on tech startups this week
A number of venture capital investors opened their wallets this week to back tech startups in sectors such as online ......
Infrastructure
Infuse Ventures clocks handsome returns in first exit deal
Early-stage venture capital firm Infuse Ventures has recorded handsome gains from its first known exit as it sold part of ......
TMT
IL&FS private equity arm backs logistics platform TransportEG
TransportEG.com, which connects customers to truck-haulage services, has raised Rs 13 crore ($1.9 million) from the private equity arm of Infrastructure ......
Healthcare
Why PM Modi's grand health insurance plan may benefit hospitals but not insurers
Next week, on Independence Day, Prime Minister Narendra Modi is widely expected to unveil the blueprint for implementing his government’s ......
TMT
Vertex Ventures leads $4 mn funding round in Hansel.io
Hansel Software Pvt. Ltd, which operates real-time mobile app management platform Hansel.io, said on Tuesday it has raised $4 million ......
