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Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

Healthcare

11 February, 2021

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

New York headquartered private equity investor Warburg Pincus has made an investment in a healthcare services company that operates...

Grapevine: Norfund may invest in Fourth Partner Energy; Tatas close in on Bigbasket

General

20 January, 2021

Grapevine: Norfund may invest in Fourth Partner Energy; Tatas close in on Bigbasket

TPG Capital-backed Fourth Partner Energy Pvt. Ltd is in talks to raise $100 million (about Rs 730 crore) from private ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740...

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

General

06 November, 2020

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

Global private equity funds Warburg Pincus, General Atlantic and Apax Partners have shown interest to acquire close to a 25% ......

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Has World Bank arm IFC's exposure to India peaked out?

Finance

15 October, 2020

Has World Bank arm IFC's exposure to India peaked out?

International Finance Corporation’s exposure to India dropped during the year through June 2020 even though the South Asian...

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both...

Amazon starts e-pharmacy in India as online drug sales grow

TMT

14 August, 2020

Amazon starts e-pharmacy in India as online drug sales grow

Amazon.com Inc on Friday launched an online pharmacy in India to serve the city of Bengaluru, the latest move by ......

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PharmEasy makes formal move to buy Bengaluru-based peer

TMT

11 August, 2020

PharmEasy makes formal move to buy Bengaluru-based peer

PharmEasy, one of the most heavily funded online pharmacy startups, has made a formal move to acquire a Bengaluru-based peer ......

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Will the Covid-19 crisis infuse a fresh lease of life into health-tech startups?

Healthcare

15 April, 2020

Will the Covid-19 crisis infuse a fresh lease of life into health-tech startups?

Earlier this month, India’s second-largest hospital chain Fortis Healthcare Ltd started e-consultation services for the...

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India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19

TMT

02 March, 2020

India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19

Indian tech startups, which had put a brake on cash burn in 2017-18 as investors started asking about visibility on ......

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