Microsoft Buys $5 Million Stake In IPO-bound OYO, Valued At Over $9 Billion
Microsoft Corporation has picked up stakes worth USD 5 million (about Rs 37 crore) in OYO, bringing the company’s valuation over $9 billion. The issuance includes equity shares and compulsory…
Emcure Pharma files for 4500 crore IPO
Emcure Pharmaceuticals Limited, one of the leading Indian pharmaceutical companies engaged in developing, manufacturing and globally marketing a broad range of pharmaceutical products across several major therapeutic areas, has filed…
EdTech firm Yellow Class raises $6 mn from Elevation Capital, others
Edtech platform Yellow Class on Tuesday raised $6 million in a Series-A funding round from venture capital firms such as Elevation Capital, Titan Capital and others. Yellow Class, active in…
Healthtech wearable startup Ultrahuman raises $17.5 million in funding
Bengaluru: Metabolic fitness startup, Ultrahuman, on Tuesday said it has raised $17.5 million as a part of its Series B funding from Alpha Wave Incubation (AWI), Steadview Capital, Nexus Venture…
Amazon enters Indian wealth management domain armed with fintech platform Smallcase
Amazon’s latest investment in Smallcase opens a new frontier for Amazon in wealth management. Amazon.com Inc. has made its maiden investment in India’s wealth management sector, participating in a $40…
Covid vaccine for children in India by September, says ICMR-NIV director
New Delhi: By September, India is likely to have an indigenous Covid-19 vaccine for children. Indian Council of Medical Research (ICMR)’s National Institute of Virology (Pune) Director Priya Abraham has…
Cryptocurrency Bill Awaits Cabinet Approval: Sitharaman
An inter-ministerial panel on cryptocurrency has recommended that all private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India. Finance Minister Nirmala Sitharaman informed that the…
Adani Road Transport ARTL acquires 49% stake in MBCPNL for Rs 1,680 crore
Adani Road Transport Ltd (ARTL), a wholly-owned subsidiary of Adani Enterprises Ltd (AEL), on August 16 announced that it is acquiring 49 percent stake of Maharashtra Border Check Post Network…
Pfizer and BioNTech Announces Submission of Initial Data to Support Booster Dose
Pfizer Inc. and BioNTech SE today announced that they have submitted Phase 1 data to the U.S. Food and Drug Administration (FDA) to support the evaluation of a third, or…
PM Modi announces Rs 100 lakh-crore Gati Shakti master plan on Independence Day
New Delhi: As India marked another milestone on Sunday celebrating the 75th Independence Day, Prime Minister Narendra Modi, while addressing the nation from the ramparts of the Red Fort, announced…