Page 5 - Ranju Sarkar

Vyome Biosciences raises $14 million in Series-C funding

Vyome is an innovation driven clinical stage bio-pharmaceutical company, which has a pipeline of novel drugs for antibiotic resistant acne

84% of Indian family businesses expect steady or aggressive growth: PwC

PwC spoke to 102 family business leaders in India and the survey captures both the global and Indian findings

Investors push for platform deals

Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes

Dividends from firms, excluding TCS, fell 22%: Tata Sons

But for the TCS dividend, Tata Sons would have shown operating losses during Mistry's tenure

Recent uptick in home sales to sustain if prices don't rise

Market will recover in 3-4 years when supply starts stagnating and if there's a significant reduction in interest rates on home loans

APG, Xander to form $450-million JV in retail real estate sector

APG has invested 77 per cent of the equity for a majority shareholding in the JV

Who are contenders for the top job? Tatas may find it tough to get an outsider

Tatas' best bet would be to find an insider who understands the systems, say headhunters

Everstone Group buys 70% in drug delivery tech firm

Deal includes acquiring stakes from Kotak Private Equity and a private investo

New wave of burger chains look to enter India

Elevation and MOOYAH chains to bring premium burgers, look at setting up 25-35 stores in 5 years

Canadian investors turn bullish on India

They have been investing in India through private equity funds and are keen to increase their exposure. Fairfax and Brookfield have also taken big bets

Naspers scores with its operational model in India

Flipkart has raised $2.4 billion in five rounds in which Naspers participated

Khali enters the fitness ring; eyes gym chain

Follows Dhoni & Kohli in this biz; will take franchisee route to set up 50 gyms in a year

Get the right cancer drug, at right time

Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine

Tata Motors bets on tippers to make up for cargo vehicles

Tippers are vehicles used in sectors like construction, mining and infra, and account for a third of medium and heavy commercial vehicles sales for Tata Motors

Nandan Nilekani commits 5% assets to start-ups

Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems

Unacademy: Learning through videos

Unacademy, a self-learning platform, is gaining traction. It has to now figure how to monetise

Mitra Biotech raises $27.4 million from Sequoia India, Sands Capital

Company will use funds to expand the availability of its CANScript service, which predicts personalised responses to cancer treatments

Is India Inc well equipped to tackle fraud?

ABEC promoters acquire PosterGully

PosterGully enables artists and designers to contribute and merchandise designs in a variety of products

Hike joins the unicorn club, raises $175 mn

Its existing investors SoftBank Group, Bharti Enterprises and Tiger Global also participated in the fourth round of funding