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Bottomline: Low demand weighs on PE-backed Anjan Drug's revenue

Healthcare

02 July, 2025

Bottomline: Low demand weighs on PE-backed Anjan Drug's revenue

Anjan Drug, a PAG-backed active pharmaceutical ingredient (API) manufacturer, reported a decline in revenue for the fiscal year ended March ......

PE-owned Sekhmet Pharma gets former Lupin, Shilpa Medicare exec as new CEO

Healthcare

04 June, 2025

PE-owned Sekhmet Pharma gets former Lupin, Shilpa Medicare exec as new CEO

A private equity consortium led by PAG, an Asia-focused investment firm, has announced the appointment of Santosh Kumar Mahil as ......

PAG-backed Sekhmet appoints former Jubilant Ingrevia head as CEO

Finance

29 May, 2023

PAG-backed Sekhmet appoints former Jubilant Ingrevia head as CEO

Sekhmet Pharmaventures, a pharmaceutical investment platform backed by Asia-Pacific focused private equity investor PAG, which, so far, picked stakes in ......

Advent Int'l to buy majority stake in Suven Pharma, plans merger with Cohance

Healthcare

26 December, 2022

Advent Int'l to buy majority stake in Suven Pharma, plans merger with Cohance

Private equity player Advent International has entered into a definitive agreement to acquire significant stake in Suven Pharmaceuticals from the ......

Accel leads $4.5 million funding in Akto

TMT

04 November, 2022

Accel leads $4.5 million funding in Akto

Cybersecurity provider Akto on Thursday said it has raised $4.5 million in a seed funding round led by Accel India.  Angel ......

PAG-led consortium completes $260 mn deal with Optimus

Healthcare

26 September, 2022

PAG-led consortium completes $260 mn deal with Optimus

Asia Pacific-focused investment firm PAG, along with consortium partners CX Partners and Samara Capital, has completed the acquisition of a ......

Rakesh Jhunjhunwala firm-backed Concord Biotech files for IPO

Healthcare

17 August, 2022

Rakesh Jhunjhunwala firm-backed Concord Biotech files for IPO

Late billionaire investor Rakesh Jhunjhunwala's firm Rare Enterprises-backed Concord Biotech has filed its draft red herring prospectus (DRHP) with capital ......

Quadria Capital to sell stake in API maker Concord Biotech

Healthcare

15 August, 2022

Quadria Capital to sell stake in API maker Concord Biotech

Healthcare-focused private equity fund Quadria Capital will sell its entire 20% stake in active pharmaceutical ingredients maker Concord Biotech in ......

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Analysis: M&A deal value in healthcare and pharma hits record high in Jan-June

Healthcare

11 July, 2022

Analysis: M&A deal value in healthcare and pharma hits record high in Jan-June

Merger and acquisitions (M&As) deal value in the healthcare and pharmaceutical space hit a record high in Jan-June, crossing the ......

PAG consortium to acquire controlling stake in Optimus group firms

Healthcare

11 May, 2022

PAG consortium to acquire controlling stake in Optimus group firms

Asian alternative investment firm PAG has agreed to buy a controlling stake in three group entities of Hyderabad-based drugmaker Optimus ......

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