finance

Latest news and updates from Finance.

KKR moves closer to acquisition of HCG
Finance
December 14, 2024

KKR moves closer to acquisition of HCG

If finalised, the transaction will trigger a mandatory open offer for an additional 26 per cent stake from public shareholders By Chitra Prakash KKR is in final talks to acquire a 60.36 per cent stake in Healthcare Global Enterprises. (HCG), one of India’s leading cancer care providers, as per Moneycontrol report. The deal, valued at […]
Article by: IMT News Desk
Healthcare diagnostics startup Neuranics raises $700K funding
Finance
December 9, 2024

Healthcare diagnostics startup Neuranics raises $700K funding

The fund will be utilised for technology development and clinical validation, enabling the company to progress towards commercial production post-CDSCO licensing Neuranics, a healthcare diagnostics startup, has successfully raised $700K in funding in a seed round led by Inflection Point Ventures (IPV). The funds will be utilised for technology development and clinical validation, enabling the […]
Article by: IMT News Desk
Bajaj Finserv AMC launches Bajaj Finserv Healthcare Fund
Finance
December 5, 2024

Bajaj Finserv AMC launches Bajaj Finserv Healthcare Fund

The fund opens for subscription on December 6 and the New Fund Offer period ends on December 20, 2024 Bajaj Finserv AMC has launched Bajaj Finserv Healthcare Fund, an open-ended equity scheme that seeks to create long-term growth by investing in health and wellness-linked sectors. The fund opens for subscription on December 6 and the New Fund Offer period ends on December […]
Article by: IMT News Desk
Beta Drugs raises Rs 117 Cr from HealthQuad
Finance
December 2, 2024

Beta Drugs raises Rs 117 Cr from HealthQuad

The fund will drive innovation, expand reach and enhance patient care Beta Drugs, a vertically integrated oncology-focussed formulations company has raised primary capital worth Rs 117 crore from HealthQuad Fund II, (HealthQuad), and other investors including a Singapore-based investment fund and a private wealth management firm for a minority stake in the company. Rahul Batra, […]
Article by: IMT News Desk
OneCell Diagnostics raises $16 M in Series A Funding round
Finance
November 26, 2024

OneCell Diagnostics raises $16 M in Series A Funding round

OneCell will expand to the US market with its next-generation liquid biopsy test, OncoIndx Ikon OneCell Diagnostics, a genomics-based precision oncology company, has raised $16 million in an oversubscribed Series A funding round led by Celesta Capital, with participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The funding will be used to advance its […]
Article by: IMT News Desk
HealthKart announces $153 M investment round
Finance
November 21, 2024

HealthKart announces $153 M investment round

HealthKart also announced an employee ESOP buyback worth Rs 55 crore, representing the company’s first liquidity event HealthKart, India’s largest omnichannel nutrition platform, announced an investment round of $153 million led by ChrysCapital & Motilal Oswal Alternates. Neo Group and HealthKart’s existing investor, A91 Partners also participated in the round. Avendus Capital acted as the exclusive financial advisor […]
Article by: IMT News Desk
Theranautilus raises $1.2 M seed round to pioneer nanorobot tech in healthcare
Finance
November 21, 2024

Theranautilus raises $1.2 M seed round to pioneer nanorobot tech in healthcare

The funding will accelerate clinical development and global market introduction of breakthrough nanorobotic solutions for dental conditions affecting billions worldwide Theranautilus, a pioneering deep-tech company developing nanorobotic solutions for healthcare, has raised $1.2 million in seed funding. The round led by pi Ventures also saw participation from Golden Sparrow Ventures and angel investors including Abhishek Goyal, Founder […]
Article by: IMT News Desk
Inventurus Knowledge Solutions receives SEBI approval for IPO
Finance
November 14, 2024

Inventurus Knowledge Solutions receives SEBI approval for IPO

The company’s initial public offering comprises an offer for sale of up to 28,184,060 equity shares of face value of Rs 1 Inventurus Knowledge Solutions, a technology-enabled healthcare solutions provider and a care enablement platform assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets, has received the Securities […]
Article by: IMT News Desk
Rubicon Research gets SEBI’s nod for IPO launch
Finance
November 6, 2024

Rubicon Research gets SEBI’s nod for IPO launch

The funds will support inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes Rubicon Research gets market regulator Securities and Exchange Board of India (SEBI) nod for IPO launch. The company’s Initial Public Offering (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer […]
Article by: IMT News Desk
Dr Agarwal’s Health Care files DRHP for IPO
Finance
October 1, 2024

Dr Agarwal’s Health Care files DRHP for IPO

The IPO is with a face value of Re 1 per equity share and is a mix of a fresh issue of up to Rs 300 crore Temasek Holdings and TPG-backed eye care services Dr Agarwal Health Care have filed their draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board […]
Article by: IMT News Desk