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Who are the biggest cash guzzlers in India Startup Inc?

TMT

04 March, 2020

Who are the biggest cash guzzlers in India Startup Inc?

Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive...

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How policy flip-flops for internet businesses are clouding investor sentiment

TMT

05 December, 2019

How policy flip-flops for internet businesses are clouding investor sentiment

New-age businesses typically thrive in two scenarios: One, where there is no established policy framework and they can operate...

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Investor dollars at risk as regulatory uncertainty hounds e-pharmacies

TMT

04 December, 2019

Investor dollars at risk as regulatory uncertainty hounds e-pharmacies

Ever since the Maharashtra drug regulator filed a police case against online retailer Snapdeal in 2015 for selling prescription...

Kalpataru may sell 4 transmission lines to Adani; Netmeds likely to raise funding

General

09 May, 2019

Kalpataru may sell 4 transmission lines to Adani; Netmeds likely to raise funding

Kalpataru Power Transmission Ltd is in discussions to sell four of its energy-transmission lines to Adani Transmission, two people...

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

TMT

05 April, 2019

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore)...

VC-backed NetMeds acquires health-tech startup KiViHealth

TMT

25 March, 2019

VC-backed NetMeds acquires health-tech startup KiViHealth

Online pharmacy NetMeds Marketplace Pvt. Ltd said on Monday it has acquired health-tech startup KiViHealth in a cash-and-stock...

IFC plans to invest in online pharmacy 1mg's $70-mn round

TMT

01 March, 2019

IFC plans to invest in online pharmacy 1mg's $70-mn round

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed...

Delhi High Court ban on e-pharmacies puts $300 mn of VC money at risk

TMT

13 December, 2018

Delhi High Court ban on e-pharmacies puts $300 mn of VC money at risk

Online pharmacies like 1mg, Netmeds and PharmEasy have suffered a setback as the Delhi High Court on Wednesday issued a ......

Eight Roads, Fundamentum invest in PharmEasy's extended Series C round

TMT

26 September, 2018

Eight Roads, Fundamentum invest in PharmEasy's extended Series C round

Mumbai-based 91 Streets Media Pvt. Ltd, which operates online drug delivery platform PharmEasy, has raised funding in an extended...

Matrix, Times Internet inject fresh capital into e-pharmacy Myra

TMT

14 September, 2018

Matrix, Times Internet inject fresh capital into e-pharmacy Myra

Bengaluru-based Metarain Software Solutions Pvt. Ltd, which runs pharmacy app Myra, has raised Rs 8.75 crore ($1.2 million) in...

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