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Wednesday, 21 August 2019

Finance News

  • ADB to invest in India’s Health Startups

    Finance |  News | 0 Comment | 07 May, 2018

    India’s Economic Affairs Secretary, Subhash Chandra Garg, asks the Asian Development Bank (ADB) to invest in fintech and health startups, speaking at the ADB annual board meeting. The...Read more

  • HCG acquires 12% equity stake in ISSL

    Finance |  News | 0 Comment | 01 May, 2018

    Bengaluru-based oncology chain HealthCare Global Enterprises Ltd has acquired a 12 per cent equity stake in International Stemcell Services Ltd (ISSL) in a secondary deal that saw its exist...Read more

  • Biocon Q4FY18 Revenue Rs 1,237 Cr, Up 27 per cent

    Finance |  News | 0 Comment | 27 Apr, 2018

    Biocon Ltd, Asia's premier biopharmaceuticals company, recently announced its consolidated financial results for the fourth quarter and fiscal year ended March 31st, 2018. Commenting on th...Read more

  • Munjals, Burmans extend validity of their offer for Fortis

    Finance |  News | 0 Comment | 24 Apr, 2018

    Sunil Munjal-backed Hero Enterprise and the Burman's of Dabur group have extended the validity of their revised Rs 15-billion offer for the Fortis Healthcare till May 4. The move comes in ...Read more

  • P&G to buy stake in Merck India worth Rs 1,300Cr

    Finance |  News | 0 Comment | 20 Apr, 2018

    Global consumer products major, The Procter & Gamble Company (P&G), will acquire a nearly 52% stake in drug firm Merck India for Rs 1,300 crore as part of a global deal under which ...Read more

  • China’s Fosun becomes a competitor in the race for Fortis

    Finance |  News | 0 Comment | 18 Apr, 2018

    China’s Fosun international group has become the fourth suitor for cash-strapped hospital chain Fortis healthcare signalling a bidding war is in the works for the company after a TPG-...Read more

  • Avendus finances GNRC to deliver low cost healthcare

    Finance |  News | 0 Comment | 13 Apr, 2018

    Financial services group Avendus is providing Rs 75 crore as structured debt to promoters of the Guwahati-based healthcare provider GNRC, reaffirming the growing confidence of investors in ...Read more

  • Beauty and wellness firm VLCC to expand internationally

    Finance |  News | 0 Comment | 09 Apr, 2018

    Beauty and wellness firm VLCC is on the expansion spree with a target to add 50 new training institutes in India over the next five years.  The company, which has about 70 institutes ...Read more

  • East Bridge Capital buys 3.86% extra stake in Fortis

    Finance |  News | 0 Comment | 03 Apr, 2018

    East Bridge Capital Master Fund has bought an additional 3.86 per cent stake in Fortis Healthcare for over Rs 256 crore through a market transaction. According to a regulatory filing, East...Read more

  • Chrys Capital to buy 10% in Mankind for $350 M

    Finance |  News | 0 Comment | 02 Apr, 2018

    India-bred private equity firm Chrys Capital is set to acquire 10 per cent in fast-growing Mankind Pharmaceuticals for $350 million. GIC of Singapore and CPPIB of Canada may co-invest in th...Read more

  • GSK to buy Novartis stake for $13 B

    Finance |  News | 0 Comment | 27 Mar, 2018

    GlaxoSmithKline will buy Novartis's 36.5 per cent stake in their consumer healthcare joint venture for $13 billion. The deal is set to complete in the second quarter subject to the necessa...Read more

  • J&J to acquire LifeScan biz from Platinum Equity

    Finance |  News | 0 Comment | 16 Mar, 2018

    Johnson & Johnson announced that it has received a binding offer from Platinum Equity, a leading private investment firm, to acquire its LifeScan business for approximately $2.1 billion...Read more

  • ChrysCapital buys stake in Curatio Healthcare

    Finance |  News | 0 Comment | 14 Mar, 2018

    Private equity (PE) fund ChrysCapital has recently bought a significant minority stake in the leading dermatology products company in India, Curatio Healthcare Pvt. Ltd. Chennai based PE fi...Read more

  • Neuberg Diagnostics plans Rs 300 Cr investment for expansion

    Finance |  News | 0 Comment | 11 Mar, 2018

    Neuberg Diagnostics is planning to invest Rs 300 crore in India, the Middle East and Africa as part of its expansion plans. The company having focus on new generation technologies in the d...Read more

  • Wellthy Therapeutics raises $2.1 million in seed funding

    Finance |  News | 0 Comment | 05 Mar, 2018

    Mumbai based Wellthy Therapeutics, a digital therapeutics company for chronic disease management announced that it has raised $2.1 million in seed funding. Dr. Ranjan Pai through his famil...Read more

  • IQGEN raises $25M for healthcare investment in India

    Finance |  News | 0 Comment | 01 Mar, 2018

    IQGEN Holdings LLC has marked the final close of its maiden venture capital fund at $25 million. The Vantage fund aims to invest in technology-driven healthcare companies in India and other...Read more

  • Rani raises $53M for clinical trials of its innovative pill

    Finance |  News | 0 Comment | 12 Feb, 2018

    Rani Therapeutics, the developer of a pill designed to replace injectable drug delivery for patients suffering from chronic diseases, announced that it has raised $53 million to invest in m...Read more

  • Strand Life Sciences raises $13 M for biz expansion

    Finance |  News | 0 Comment | 08 Feb, 2018

    Strand Life Sciences has announced an investment of $13 million (approx 80 Crores) by Quadria Capital, Asia’s leading healthcare focused private equity investor. India-based Heal...Read more