finance

Latest news and updates from Finance.

Apollo Hospitals announces Q1 FY19 results
Finance
August 10, 2018

Apollo Hospitals announces Q1 FY19 results

Q1 FY19 Standalone Revenues up 16% at Rs.1,910 crore EBITDA at Rs. 227 crore, higher by 31% yoy PAT at Rs. 60 crore, up by 71% yoy SAP reported 20% growth in Revenues in Q1 FY19 EBITDA grew by 30%, EBITDA margins at 4.7% in Q1 FY19 Net addition of 64 stores in Q1 FY19, […]
Article by: Gunjan Chauhan
ImpactGuru raises US$2mn in Series A by  Apollo Hospitals Group and Venture Catalysts
Corporate
May 24, 2018

ImpactGuru raises US$2mn in Series A by Apollo Hospitals Group and Venture Catalysts

National, May 18, 2018:  ImpactGuru.com, India’s leading healthcare, nonprofit and personal cause donation crowdfunding platform, has announced a Series A round of$2 million (Rs 13 crores) co-led by Apollo Hospitals Group and Venture Catalysts India’s first integrated incubator.ImpactGuru.com was incubated at Harvard Innovation Lab in 2014. Singapore based VC fund, RB Investments, an existing investor, also […]
Article by: IMT News Desk
Strides Shasun announces Q4 FY18 and FY18 results
Corporate
May 18, 2018

Strides Shasun announces Q4 FY18 and FY18 results

Strides Shasun Limited (BSE: 532531, NSE: STAR) today announced its Q4 FY18 and FY 18 results Performance Highlights – Q4 FY18 and FY 18                               INR Mn Particulars Q1 FY18 Q2 FY18 Q3 FY 18 Q4 FY 18 FY18 FY17 YoY Revenues 6,547 7,721 7,534 6,775 28,576 27,581 4% EBITDA 834 1,129 1,401 1,005 4,369 6,027 […]
Article by: Gunjan Chauhan
mfine Raises $4.2 Million in Series A; Aims to Redefine On-demand Healthcare Service Across India
Corporate
May 17, 2018

mfine Raises $4.2 Million in Series A; Aims to Redefine On-demand Healthcare Service Across India

mfine, an app-based on-demand healthcare service, announced it has raised $4.2 million in Series A funding. Prime Venture Partners led the round alongside existing investors, Stellaris Venture Partners and healthcare entrepreneur, Mayur Abhaya. The company will use the fresh funds to build the hospital network across cities, and further strengthen the technology team. The company […]
Article by: Gunjan Chauhan
Tele-health Clinics Startup Karma Healthcare Raised Rs 3 Crore in Equity Funding
Finance
March 20, 2018

Tele-health Clinics Startup Karma Healthcare Raised Rs 3 Crore in Equity Funding

Health tech startup Karma Healthcare raised Rs. 3 crore in equity funding from early-stage investment firm 1Crowd, existing investors, and angel investors to scale operations and expand technological offering according to news reports. According to ANI news report, the Rajasthan-based firm aims to provide high-quality, affordable, equitable and reliable healthcare to India’s underserved population via […]
Article by: IMT News Desk
India’s First Healthcare Real Estate Fund of USD 500 million Launched by Toro Finserve
Corporate
October 31, 2017

India’s First Healthcare Real Estate Fund of USD 500 million Launched by Toro Finserve

Toro Finserve LLP’s India Healthcare Opportunities Fund (IHOF) has received SEBI’s nod for registration under Category 2 Alternative Investment Fund.  This fund is being launched by Kapil Khandelwal, an investment and healthcare industry veteran, and Tapan Bhatt, a global real estate investment manager. The total fund corpus will be USD 250 million (with additional leverage […]
Article by: IMT News Desk