finance

Latest news and updates from Finance.

Multiples Private Equity led consortium invests Rs 6,850 M in BDR Pharma
Finance
May 17, 2022

Multiples Private Equity led consortium invests Rs 6,850 M in BDR Pharma

The company will selectively pursue inorganic opportunities to build scale Multiples Private Equity has announced an investment of Rs 6,850 million, along with a few other marquee financial investors, for a ~9.3 per cent stake in BDR Pharmaceuticals International. The consortium of investors participating along with Multiples include institutional investors such as the investment arm […]
Article by: IMT News Desk
Noida-based start up FirstCure Health raises $350K
Finance
May 12, 2022

Noida-based start up FirstCure Health raises $350K

The funding will enable FirstCure to expand deeply into the segment of healthcare service offerings, both in terms of geography and operations Noida-based healthcare startup FirstCure Health (‘FirstCure’), to make advanced surgical care available to all by providing the right doctors, the right advice, and the right treatment at the right prices, recently raised $350K […]
Article by: IMT News Desk
Dr Agarwal’s Health Care raises Rs 1050 Cr from TPG Growth, Temasek
Finance
May 10, 2022

Dr Agarwal’s Health Care raises Rs 1050 Cr from TPG Growth, Temasek

The company intends to double the current network of 105 hospitals to over 200 hospitals in the next three to four years  Chennai-based Dr Agarwal’s Health Care has closed a landmark fundraise of Rs 1,050 crore from TPG Growth, the middle market and growth equity platform of alternative US-based asset firm Texas Pacific and existing […]
Article by: IMT News Desk
Redcliffe Lifetech raises $61 M
Finance
May 9, 2022

Redcliffe Lifetech raises $61 M

To expand access to affordable, high-quality diagnostic tests across India Redcliffe Lifetech has raised $61 million led by LeapFrog Investments (LeapFrog), with participation from Healthquad, Schroders, LC Nueva, Growth Spark Ventures and existing investors Chiratae Ventures and Alkemi Venture Partners. The investment will be used to expand Redcliffe’s geographic reach across India, with a focus […]
Article by: IMT News Desk
GenWorks Health raises Rs 135 Cr
Finance
May 6, 2022

GenWorks Health raises Rs 135 Cr

The funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing partnerships Bengaluru-based startup GenWorks has raised a second round of funding to the tune of Rs 135 crore from investors such as Somerset Indus Capital Partners, Morgan Stanley through its funding arm Grand Vista, Evolvence and Wipro GE. GenWorks […]
Article by: IMT News Desk
Ayu Health raises $27 M in series B round led by Fundamentum Partnership
Finance
April 29, 2022

Ayu Health raises $27 M in series B round led by Fundamentum Partnership

Eyes 10X growth by end of 2022 Ayu Health Hospitals has raised $27 million in Series B funding led by The Fundamentum Partnership, an early growth stage fund founded by Nandan Nilekani and Sanjeev Aggarwal.  The round also saw participation from US-based fund 57 Stars, Rohit MA led Capier Investments, angel investors like Ashish Gupta, […]
Article by: IMT News Desk
Truemeds raises $22 M in series B funding
Finance
April 27, 2022

Truemeds raises $22 M in series B funding

The new funding round also saw participation from existing investors including InfoEdge Ventures, Asha Impact and IAN Fund Truemeds, India’s leading telehealth platform, closed its series B funding round led by private equity fund Westbridge Capital. The new funding round also saw participation from existing investors including InfoEdge Ventures, Asha Impact and IAN Fund. The […]
Article by: IMT News Desk
Loop raises Series B funds worth $25 M
Finance
April 22, 2022

Loop raises Series B funds worth $25 M

The company has seen a 5x revenue growth from the previous financial year Loop, an Indian healthcare and insurance startup has raised $25 million in a Series B round co-led by General Catalyst and Elevation Capital, with significant participation from leading Silicon Valley investor – Vinod Khosla and Khosla Ventures, as well as a new […]
Article by: IMT News Desk
YHTCSL files for IPO worth Rs 610 Cr
Finance
April 1, 2022

YHTCSL files for IPO worth Rs 610 Cr

The company plans to raise funds through the offer of equity shares of the face value of Rs 10 each Yatharth Hospital & Trauma Care Services Limited (YHTCSL) based in the National Capital Region of Delhi has filed Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI). The […]
Article by: IMT News Desk
MedisimVR raises Rs 3.5 Cr in Pre-Series A round
Finance
March 24, 2022

MedisimVR raises Rs 3.5 Cr in Pre-Series A round

The funds will be used for scaling up the product offering and adding more skill training content to their library MedisimVR, a med-tech company working in the field of healthcare simulation, has raised Rs 3.5 crore in a Pre-Series A round led by Inflection Point Ventures. The round saw participation from Chennai Angels and Jana […]
Article by: IMT News Desk