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Former Cipla exec's biotech startup Engrail gets $157 mn from Norwest, others

Healthcare

19 March, 2024

Former Cipla exec's biotech startup Engrail gets $157 mn from Norwest, others

Engrail Therapeutics, a biotech startup led by Vikram Sudarsan, former executive of Indian pharmaceutical major Cipla, has secured $157 million ......

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PE, VC funds set to invest in Cipla-backed GoApptiv

TMT

19 December, 2023

PE, VC funds set to invest in Cipla-backed GoApptiv

Digital healthcare startup GoApptiv Pvt. Ltd, which counts Cipla and HealthQuad as its existing investors, is all set to raise ......

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Indian companies giving PE firms a run for their money for M&A deals

Finance

11 September, 2023

Indian companies giving PE firms a run for their money for M&A deals

Domestic companies are increasingly snapping up local assets on the block, often beating private equity firms, a trend expected to ......

Grapevine: Bain taps Dr Reddy's for Cipla bid; BharatPe seeks funding

General

05 September, 2023

Grapevine: Bain taps Dr Reddy's for Cipla bid; BharatPe seeks funding

US-based private equity firm Bain Capital has reached out to drugmaker Dr Reddy’s Laboratories for a joint bid to buy the promoter the Hamied ......

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Grapevine: Motilal Oswal PE may top up consumer bet; FabHotels raises funding

General

04 September, 2023

Grapevine: Motilal Oswal PE may top up consumer bet; FabHotels raises funding

Motilal Oswal Alternates (MO Alts), the alternative investment arm of Motilal Oswal Group, is looking to top up its investment in a homegrown healthy snacks maker, a media ......

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Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

General

04 August, 2023

Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

Global private equity major Blackstone is eyeing a pharma deal in the country and is likely to submit a non-binding ......

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E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

TMT

14 February, 2022

E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, is in talks with several global funds to raise capital at ......

Indian pharma firms go local seeking to end reliance on China

Healthcare

23 February, 2021

Indian pharma firms go local seeking to end reliance on China

Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them in-house ......

Grapevine: Everstone to invest in Wow Skin; DST Global to pump money in Byju's

General

04 August, 2020

Grapevine: Everstone to invest in Wow Skin; DST Global to pump money in Byju's

Bootstrapped consumer internet brand Wow Skin Science has held talks with PE major Everstone Group for an investment of up ......

Sensex, Nifty gain for fourth day as HDFC Bank adds to earnings momentum

Markets

20 July, 2020

Sensex, Nifty gain for fourth day as HDFC Bank adds to earnings momentum

Indian shares ended higher for a fourth straight session on Monday as HDFC Bank's results added to last week's upbeat ......