Companies

Pharmeasy to buy Thyrocare for Rs 4546 crore!

Pharmeasy- MUMBAI: Digital healthcare company PharmEasy on Friday announced the acquisition of Thyrocare Technologies, a company that operates a well-known diagnostic chain, in a deal worth more than Rs.6,300 crore . The deal also includes the purchase of a majority stake in A Velumani, the 62-year-old founder of Thyrocare. According to a company statement, API …

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Tyre sector project $ 1,100 to plant northeastern rubber starting in June

A five-year Rs 1,100-crore project launched by the Automotive Tyre Manufacturers’ Association (ATMA), India’s largest tyre manufacturer, to plant 200,000 hectares of rubber in the northeastern provinces will be distributed this month. The board will start investing at a reasonable rate from June. “ We start with 10,000 hectares in the first year due to …

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The MPL become India’s latest startup unicorn, now worth $ 2.3 billion

Esports and the Mobile Premier League (MPL) skills application program is the latest launch of the Indian unicorn, raising $ 2.3 billion in Series E funding. The investment cycle was led by Legatum Capital with the participation of existing investors including Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, …

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RBL Bank credit cards start working on the Visa payment network

Independent lenders RBL Bank, on September 15, said the bank had started issuing credit cards to its new customers on the Visa payment network. The bank entered into an agreement with Visa on July 14 as the RBI barred Mastercard from issuing new cards from its platform from July 22 onwards. Mastercard was found not …

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Godrej Appliances Expands Manufacturing Facility, Launches AC Made in India

Godrej Appliances, a Godrej & Boyes business, launched its range of air conditioners (AC) made in India on 15 April. The firm is investing Rs 100 crore in both manufacturing units at Shirwal and Mohali by 2025, increasing their AC production capacity to 825 units. The company claimed in a statement that the new air …

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APCO Infratech Pvt Ltd: Transforming Infrastructure in India

APCO Infratech Pvt Ltd: Transforming Infrastructure in India

APCO Infratech Pvt Ltd is one of the leading infrastructure development companies in India, with a proven track record of delivering high-quality projects in a timely and cost-effective manner. Founded in 1992 by Mr. Ashok Jain, the company has come a long way and is now known for its expertise in developing and constructing highways, …

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Adobe appointed Prativa Mohapatra as India VP and MD

Adobe has appointed Prativa Mohapatra as vice president and executive director of Adobe India, a global software developer said on September 8. Prativa, from IBM, will lead Adobe’s India business across the Adobe Experience Cloud, Adobe Creative Cloud and Adobe Document Cloud. He will report to Adobe for Asia Pacific (APAC) President Simon Tate. “Digital …

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SoftBank’s Investments in SaaS companies, Whatfix, a value that jumped out of 3 times, in excess of $500 million.

The software company is Whatfix, said on June 8 that it participated in the $ 90-million funding round led by the SoftBank Vision Fund 2 continues, as the Japanese investor’s recent tumultuous engagement with India, the young start-ups. Among the sponsors of the Eight Roads Ventures, and Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, …

SoftBank’s Investments in SaaS companies, Whatfix, a value that jumped out of 3 times, in excess of $500 million. Read More »

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