Latest Articles in Finance
Revenue Of Indian Hospitals To Grow By 10-11% In FY23-24: Report
Revenues of private hospitals are set to grow 10-11 per cent in fiscals 2023 and 2024 on the back of healthy bed occupancy and sustenance of high average revenue per occupied bed (ARPOB), supported by increasing domestic demand and pick-up in medical tourism, market intelligence and data analytics f
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Reveal Healthtech Secures $4 Mn Investment From W Health Ventures
Reveal HealthTech, a healthcare technology firm has raised USD 4 million in seed funding from W Health Ventures, a healthcare-focused VC that invests in and grows tech-enabled early-stage healthcare companies
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The Ayurveda Co Raises 100 Cr In Series A Funding Led By Sixth Sense Ventures
The Ayurveda Co., a D2C omnichannel Ayurvedic lifestyle brand, has raised Rs 100 Crores in its Series A funding round from consumer VC fund, Sixth Sense Ventures
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Kauvery Hospitals Receives USD 70 Mn Investment From IIFL AMC For A Minority Stake
The investment holds significance in Kauvery Hospitals next phase of growth which is likely to move towards an IPO tentatively in the next 3 years, which comprises augmenting capacities in Chennai and Bangalore, along with expansion in chosen clusters within Tamil Nadu and Karnataka.
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SigTuple Raises Fresh Funding Of $4.3 Mn From Endiya Partners, Accel
SigTuple has raised Rs 34.5 crores ($4.3 million) in a fresh round of funding - led by existing investors Endiya Partners and Accel, with participation from a few strategic leaders from the Healthcare sector
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Biotech Companies Redx Pharma, Jounce Therapeutics To Merge In USD 425 Mn Deal
British biotech firm Redx Pharma plc and U.S.-based Jounce Therapeutics Inc will merge to create a USD 425 million entity specialised in treating cancer and fibrotic disease. Redx shareholders will receive 0.2105 Jounce share in exchange for each Redx share, the companies said on Thursday
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Plant-based Air Purifier Startup UBreathe Secures Deal On Shark Tank
UBreathe, a bio-tech startup that develops plant-based air purifiers, secured a deal of Rs 1.5 crore from Namita Thapar on the popular television show Shark Tank. The episode featuring the company was aired on 14th February 2023
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Niva Bupa Mulling Over Selling Minority Stake At $2 Bn Valuation: Report
India's Niva Bupa Health Insurance Company is considering a minority stake sale at a valuation of USD 2 billion, Bloomberg News reported on Tuesday. The company is a joint venture between British United Provident Association Ltd. (Bupa) and Indian private equity fund True North
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Amrutanjan Health Care Stocks Plunge On Whistleblower's Allegations
Shares of India's Amrutanjan Health Care Ltd plunged as much as nearly 10 per cent on Wednesday, a day after it said an anonymous whistleblower complaint alleged some senior management of "undue enrichment" and "conflict of interest
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Apollo Hospitals Posts Drop In Q3 Profits
Indian healthcare group Apollo Hospitals Enterprise Ltd reported a 33 per cent drop in the third-quarter profit on Tuesday, hurt by weakness in its digital business. Consolidated net profit plunged to 1.53 billion rupees ($18.48 million) for the three months ended Dec. 31, from 2.28 billion rupees,
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