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Exclusive: MedGenome, Neuberg eye controlling stake in diagnostic chain

Healthcare

13 August, 2024

Exclusive: MedGenome, Neuberg eye controlling stake in diagnostic chain

Peak XV Partners-backed healthtech startup MedGenome and super-specialty diagnostics chain Neuberg Diagnostics are in the fray to pick up a controlling ......

PE-backed Sterling Accuris snaps up diagnostics firm

TMT

14 June, 2023

PE-backed Sterling Accuris snaps up diagnostics firm

Sterling Accuris Wellness Pvt Ltd, a pathology-focused diagnostic lab chain, on Wednesday said it has bought Ahmedabad-based pathology service provider ......

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Arokiaswamy Velumani on why he sold Thyrocare and what's next

Healthcare

28 June, 2021

Arokiaswamy Velumani on why he sold Thyrocare and what's next

About five years ago, struck by a personal tragedy, Arokiaswamy Velumani, the Coimbatore born scientist and founder of Thyrocare Technologies, ......

Temasek, TPG Growth backed PharmEasy to buy listed diagnostics firm Thyrocare

Healthcare

25 June, 2021

Temasek, TPG Growth backed PharmEasy to buy listed diagnostics firm Thyrocare

Private equity and venture capital backed PharmEasy has signed a definitive agreement to acquire a majority stake in diagnostics firm ......

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Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

Healthcare

30 October, 2020

Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

When Nalanda Capital bet on Thyrocare Technologies Ltd in March, the private equity-style investor in public equities was likely enticed ......

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Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Healthcare

11 September, 2020

Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Thyrocare Technologies Ltd, which has been led since 1995 by founder Arokiaswamy Velumani, is set to get a new chief ......

Nalanda Capital's PE-style fund for India adds $728 mn fresh gunpowder

Finance

06 July, 2020

Nalanda Capital's PE-style fund for India adds $728 mn fresh gunpowder

Nalanda Capital, a Singapore-based investment firm floated by former Warburg Pincus executive Pulak Prasad, has catapulted into the league of ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

Healthcare

13 April, 2020

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

The Supreme Court on Monday modified its recent order that had made it mandatory for private-sector pathology chains like Dr ......

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COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Healthcare

06 April, 2020

COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Last month, the Indian government allowed some accredited private labs to test coronavirus samples. The move was seen as a ......