Macleods Pharmaceuticals has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 5,000 crore through an initial public offering (IPO). The initial share-sale is entirely an offer-for-sale (OFS) of up to 6.05 crore equity shares by promoters, according to the draft red herring prospectus (DRHP). As per the DRHP, a portion of the [...]
New Delhi, Feb 15 (PTI) Direct selling major Amway India on Tuesday said it has partnered with IIT Bombay to accelerate research in the fields of nutraceuticals, botanicals and herbal supplements. Under the partnership, a team of in-house Amway researchers in collaboration with IIT Bombay will work to bring breakthrough innovation in the identified areas [...]
New Delhi, Feb 15 (PTI) Indonesia-based agri-tech startup Semaai on Tuesday said it has raised USD 1.25 million (Rs 8.75 crore) in a funding round. The pre-seed funding round was led by Surge, Sequoia Capital India's rapid scale-up program for startups in India and Southeast Asia, and Beenext. While Semaai primarily operates in Central Java, [...]
Our heart is a pump designed to beat endlessly throughout our life without a break. Due to poor lifestyle choices, associated co-morbidities, aging, or infections, the heart muscles may either weaken or get damaged. This weakening of the heart muscles is known as heart failure. In India, heart failure patients are ten-year younger compared to [...]
New Delhi, Feb 15 (PTI) Electric two-wheeler maker Ather Energy on Tuesday said it has signed a multi-year deal with the newly formed IPL franchise Gujarat Titans to be its principal partner. The partnership starting from this season of 2022 will see the Ather Energy brand on the front of the Gujarat Titans' official team [...]
New Delhi, Feb 15 (PTI) Healthtech startup Kenko Health on Tuesday said it has raised USD 12 million (around Rs 90 crore) in a funding round led by Sequoia Capital. The Series A round also saw participation from Beenext, Orios, 9Unicorns and Waveform. The Bengaluru-based Kenko Health provides subscription-based service that covers health expenses across [...]
Mumbai, Feb 15 (PTI) India's information technology sector is set to become a USD 227 billion industry in FY'22, registering a 15.5 per cent growth, industry body Nasscom said on Tuesday. The 15.5 per cent growth is the highest in over a decade and Nasscom's president Debjani Ghosh termed it as a year of resurgence, [...]
Created by Dutch scientists, coherent water holds the key to a powerful immune system! In a study, within just three months, 99% of participants experienced an incredible 1-12 years of biological age reversal Mumbai, Maharashtra, India (NewsVoir) For the first time in India, the rejuvenating power of coherent water gets addressed and commercialized by Somarka, [...]
Shares of Adani Wilmar jumped over 7 per cent on Tuesday a day after the company posted a 66 per cent jump in consolidated net profit to Rs 211.41 crore for the December 2021 quarter. On the BSE, the shares were trading 7.33 per cent higher at Rs 404. Similarly, on the NSE, the scrip [...]
NEW DELHI, Feb. 15, 2022 /PRNewswire/ -- PayU today announced its integration with BigCommerce, an Open SaaS ecommerce platform for fast-growing and established brands. As a result of this integration, PayU can now provide payment infrastructure & solutions to BigCommerce's small- to-medium-sized merchants in India. The BigCommerce platform provides ecommerce services to retailers, including online [...]
