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Joseph Rai

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Saama Capital bets on AI startup offering data for final-mile navigation

TMT

21 May, 2021

Saama Capital bets on AI startup offering data for final-mile navigation

Early-stage venture capital firm Saama Capital has bet on a startup driven by artificial intelligence (AI) that seeks to optimise...

BlissClub and Keito raise funding; Larsen & Toubro to invest in US firm

TMT

20 May, 2021

BlissClub and Keito raise funding; Larsen & Toubro to invest in US firm

Women’s activewear direct-to-consumer brand BlissClub Fitness Pvt Ltd said it has raised $2.25 million (Rs 16.5 crore) in...

Healthcare supply chain startup Aknamed acquires Vardhman for $35 mn

Healthcare

19 May, 2021

Healthcare supply chain startup Aknamed acquires Vardhman for $35 mn

Akna Medical Pvt Ltd (Aknamed), a startup that runs a healthcare supply chain, on Wednesday said it has acquired Vardhman ......

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A chunk of tech has assumed growth capital stage risk in pandemic: Gaja Capital founder

TMT

19 May, 2021

A chunk of tech has assumed growth capital stage risk in pandemic: Gaja Capital founder

The pandemic has propelled Gaja Capital's growth capital investments in technology as well as sped up the digitisation of...

Goldman Sachs invests in Aragen Life Sciences; ChrysCap exits

Healthcare

19 May, 2021

Goldman Sachs invests in Aragen Life Sciences; ChrysCap exits

Goldman Sachs has picked up a significant minority stake in contract research organisation Aragen Life Sciences.  This...

Gland Pharma buys assets of Vitane Biologics to boost Sputnik V Covid vaccine production

Healthcare

19 May, 2021

Gland Pharma buys assets of Vitane Biologics to boost Sputnik V Covid vaccine production

Generic injectables-focused Gland Pharma Ltd, majority owned by China’s Shanghai Fosun Pharmaceutical Group, said it has...

Torrent Pharmaceuticals plans to raise $682 million

Healthcare

18 May, 2021

Torrent Pharmaceuticals plans to raise $682 million

Drugmaker Torrent Pharmaceuticals Ltd on Tuesday said that its board has approved raising funds up to Rs 5,000 crore ($682 ......

Krsnaa's private equity investors eye harvest as diagnostics chain files for IPO

Healthcare

18 May, 2021

Krsnaa's private equity investors eye harvest as diagnostics chain files for IPO

Private equity investors of Krsnaa Diagnostics are set to harvest their investments as the healthcare chain has filed draft papers...

ClassMonitor bags pre-Series A funding from India and Gulf investors

TMT

18 May, 2021

ClassMonitor bags pre-Series A funding from India and Gulf investors

ClassMonitor, focused on kids and parents, has raised Rs 3.5 crore ($477,700) as part of its pre-Series A funding round, ......

Moglix joins unicorn club with Series E funding led by Falcon Edge, Harvard Management

TMT

17 May, 2021

Moglix joins unicorn club with Series E funding led by Falcon Edge, Harvard Management

Industrial goods marketplace Moglix Monday said it has raised $120 million (Rs 878 crore) as part of its Series E ......