finance

Posts PAT (after exceptional items) up by 18 per cent to Rs 131 crores Syngene International announced its third-quarter financial results. Reported revenue from operations was up by 11 per cent year-on-year to Rs 944 crores and increased sequentially by 6 per cent from the prior quarter. Reported profit after tax, after exceptional items, was […]

Harsoria will use the fresh capital to expand its manufacturing capabilities, improve R&D initiatives Tata Capital Healthcare Fund has invested $20 million in Gurugram-based Harsoria Healthcare, a medical devices manufacturer. The round also saw participation from investors like Utpal Sheth, Ashish Kacholia, and the LNB Group. Harsoria will use the fresh capital to expand its […]

The strategic investment is likely to play a key role in increasing the scale of Neuberg and help the company get ready for its upcoming IPO Kotak Strategic Situations India Fund II, managed by Kotak Alternate Asset Managers, announced an investment of Rs 940 crore in Neuberg Diagnostics to support Neuberg’s inorganic expansion strategy. Rahul […]

The capital has been earmarked for expanding sales operations and advancing their Health AI Platform’s Generative AI Feature Suite Noida-based Consint.AI, a healthcare technology start-up specialising in Generative AI-driven insurance fraud and risk management, has secured Rs 5 crore in seed funding. The round was led by Equanimity Ventures and Seafund, with the capital earmarked […]

Vishal Bali, Executive Chairman, AHH, continues to see huge growth opportunities in single speciality healthcare delivery enterprises  Asia Healthcare Holdings (AHH), the single speciality hospital-focussed healthcare platform backed by GIC and TPG, announced that GIC, Singapore’s sovereign wealth fund, will invest an additional $150 million in AHH. This follows GIC’s first investment of $170 million […]

Standard Glass Lining Technology offers standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis Standard Glass Lining Technology, a manufacturer of specialised engineering equipment for the pharmaceutical and chemical industries, has secured Rs 40 crore through pre-IPO funding via private placement from Amansa Investments. As per the company’s public announcement, it issued […]

The company informed the bourses that it allocated 66,65,725 equity shares at Rs. 391 per share on December 19, 2024, to anchor investors. Ahmedabad-based Senores Pharmaceuticals has garnered Rs 260.62 crores from anchor investors ahead of its initial public offering that opened for public subscription on December 20, 2024. The company informed the bourses that […]

The grant follows GangaGen’s successful completion of lead optimisation milestones within its ongoing CARB-X partnership for its ‘Klebicin programme GangaGen has secured the third instalment of its phased funding grant from CARB-X (Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator), the global initiative led by Boston University to support the development of antibacterial products aimed at diagnosing, preventing, […]

Not all segments flourished, as ophthalmology and respiratory therapies lagged, reflecting the diverse nature of demand in the Indian market Chronic therapies dominated the performance in Q2FY2025, with cardiac, gastrointestinal, anti-diabetic, and dermatology segments achieving growth rates as high as 11.6 per cent. These figures highlight the rising prevalence of chronic illnesses and growing healthcare […]

Fibroheal intends to scale up its market, recruit more people, invest in a future robust pipeline of products Fibroheal Woundcare has raised Rs 6.3 crore in funding from the promoters and new investors including some leading surgeons, medical professionals and bankers. Fibroheal also commits another 10 crore from existing and some new investors. Fibroheal intends […]