LiveGlenmark Pharma Launches Asthma Drug Indamet
On Thursday, Glenmark Pharmaceuticals said it had launched a new Fixed-Dose Combination (FDC) drug in the country to treat patients with uncontrolled asthma. The Mumbai-based...
Category : BUSINESS
MegaRobo Raises $300 Million Led by Goldman Sachs
MegaRobo Technologies, a Chinese startup using AI and robotics in life science research, has raised $300 million in a funding round led by Goldman Sachs...
Diesel Sales in India Up 48% in First Two Weeks of June
In the first two weeks of June, diesel demand in India grew rapidly, preliminary data on Wednesday showed, with long queues at some petrol stations...
Adani Transmission Gets ‘Green Loan’ Label With $700 Million Revolving Loan
Adani Transmission’s $700 million revolving loans have been flagged as a “green loan” by Sustainalytics. This ensures a green lending framework for revolving loans. Sustainalytics...
Kotak General Insurance Partners with PhonePe for Auto Insurance
On Wednesday, Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) announced a partnership with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), a digital payments...
GE Arm Buys 49% of Continuum Green Energy Project in Gujarat
GE Energy Financial Services (EFS), a unit of GE, said on June 15 that it had acquired a 49% stake in Continuum Green Energy’s 148.5...
Groyyo raises $40 million in Series A funding round led by Tiger Global
Groyyo, a B2B manufacturing and supply chain support company raised $40 million in Series A in less than a year through a combination of equity...
Zomato-Backed Shiprocket Acquires Pickrr for $200 Million
Zomato-backed logistics tech company Shiprocket signed an agreement to acquire a majority stake in Pickrr for $200 million, including cash, stock and proceeds. Last year,...
TotalEnergies to Buy 25% Stake in Adani New Industries
Adani, India’s fastest-growing diversified business portfolio, has entered into a new partnership with French energy giant TotalEnergies to create the world’s largest and lowest-cost green...
Foxtale Raises $4 Million Led by Matrix Partners India
Direct-to-consumer (D2C) skincare brand Foxtale has raised $4 million in pre-Series A funding led by Matrix Partners India. Existing investor Kae Capital also participated in...