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Joseph Rai

Gunit Chadha's NBFC eyes funding from Multiples; Reliance backs health-tech firm

General

24 May, 2018

Gunit Chadha's NBFC eyes funding from Multiples; Reliance backs health-tech firm

Gunit Chadha, former Asia Pacific chief of Deutsche Bank, is in talks with private equity firm Multiples Alternate Asset Management ......

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

Healthcare

24 May, 2018

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

TPG Capital-backed Manipal Health Enterprises Pvt. Ltd has extended the validity of its revised offer to buy Fortis Healthcare Ltd, ......

Insitor, Oikocredit lead seed round in Kolkata-based Aashiyaan Housing Finance

Finance

23 May, 2018

Insitor, Oikocredit lead seed round in Kolkata-based Aashiyaan Housing Finance

Kolkata-based Aashiyaan Housing & Development Finance Pvt. Ltd, which is yet to start housing finance for low-income families, said it ......

Fortis shareholders vote out former Ranbaxy CEO Brian Tempest as director

People

23 May, 2018

Fortis shareholders vote out former Ranbaxy CEO Brian Tempest as director

Fortis Healthcare Ltd’s shareholders have voted by a thumping majority to oust ex-Ranbaxy CEO Brian Tempest as director, overriding promoters’ ......

VC-backed CureFit to buy Indian arm of Oaktree-controlled gym chain Fitness First

TMT

22 May, 2018

VC-backed CureFit to buy Indian arm of Oaktree-controlled gym chain Fitness First

Health and fitness startup Cure Fit Healthcare Pvt. Ltd will merge its fitness brand Cult.fit with premium chain Fitness First ......

3one4 Capital, others back background verification startup Betterplace

TMT

22 May, 2018

3one4 Capital, others back background verification startup Betterplace

Betterplace Safety Solutions Pvt Ltd, a platform that manages the semi-formal workforce, has raised $3 million (Rs 20.4 crore) in ......

Advisory services firm Intellecap appoints insider as CEO

People

21 May, 2018

Advisory services firm Intellecap appoints insider as CEO

Advisory services firm Intellecap, which is part of the impact investment-focused Aavishkaar-Intellecap Group, has announced the appointment of Vikas Bali ......

Blume Ventures backs video creation platform Rocketium

TMT

21 May, 2018

Blume Ventures backs video creation platform Rocketium

Video creation platform Rocketium.com Technologies Pvt. Ltd said it has raised Rs 2 crore (around $300,000) in a seed round ......

Fresh bidding war looms for Fortis as three directors quit

Healthcare

21 May, 2018

Fresh bidding war looms for Fortis as three directors quit

Three directors of Fortis Healthcare Ltd have stepped down from the board just ahead of a shareholders’ meeting to decide ......

Premium
IQGEN's maiden health-tech fund strikes debut deal

TMT

18 May, 2018

IQGEN's maiden health-tech fund strikes debut deal

IQGEN Holdings LLC has made its first investment from its maiden health-tech fund Vantage in a Canada-based AI firm that ......