The startup sources generic drugs directly from the manufacturer and sells it to retail pharmacies.
The post India: Ratan Tata picks up stake in pharma startup Generic Aadhaar appeared first on DealStreetAsia.
LetsVenture Plus will allow Indian investors access to investments across growth-stage private companies and global funds.
The post Indian angel investor LetsVenture launches growth-stage platform to tap domestic capital appeared first on DealStreetAsia.
It will use the funds to expand the reach of its solutions across India and the world.
The post India: Vesta Space Tech nabs $10m funding from US firm Next Capital appeared first on DealStreetAsia.
Exfinity Ventures and IAN Fund led the funding in Vernacular.ai.
The post India Deal Monitor: Vernacular.ai raises $5.1m in Series A round and more updates appeared first on DealStreetAsia.
The financing will help Varthana reach more schools by meeting its need for longer-term capital.
The post Indian financier Varthana secures $15m debt financing from DFC appeared first on DealStreetAsia.
The funding will be used to spruce up technology and expand product offerings.
The post India Deal Monitor: RTP Global leads $9m funding in Classplus and more updates appeared first on DealStreetAsia.
Existing investors Matrix Partners India, Stellaris Venture Partners, and Alteria Capital also participated.
The post India: Logistics startup LoadShare secures $13.2m led by BEENEXT, others appeared first on DealStreetAsia.
The company is further looking to raise Rs 250 crore in the next few quarters.
The post India Deal Monitor: MYSUN snags about $4.3m funding and more updates appeared first on DealStreetAsia.
It plans to use the funds to hire new talent, develop its product and technology further and scale up its lending volumes.
The post Indian fintech startup NIRA raises $2.1m in pre-series A funding appeared first on DealStreetAsia.
Jaimini had co-founded Swiggy along with Sriharsha Majety and Nandan Reddy in 2014.
The post India: Swiggy’s co-founder and CTO Rahul Jaimini quits, to join Pesto Tech appeared first on DealStreetAsia.
Flipkart Group CFO Emily McNeal has quit to pursue a career opportunity outside the Walmart Group.
The post India: Flipkart names Sriram Venkataraman as CFO of its commerce biz appeared first on DealStreetAsia.
Flynote has only ₹2 crore left in the banks of the ₹14 crore raised last year.
The post India: Sequoia-backed travel firm Flynote lays off staff amid virus crisis appeared first on DealStreetAsia.
The pay cuts were cited in a company note to employees dated April 29.
The post India’s Reliance said to cut pay of execs in oil-and-gas division appeared first on DealStreetAsia.
The COVID-19 crisis has impacted close to 60% of the total contractual staff workforce in India.
The post India: Blue-collar workforce at startups takes a big hit as business volumes fall appeared first on DealStreetAsia.
Over the past month, Udaan has been facing a drop in business under its non-essential categories.
The post India: Udaan lays off over 2,000 contractual employees as coronavirus hits supply chains appeared first on DealStreetAsia.
The layoffs will take place from its cloud kitchens across nearly ten Tier 1 and 2 cities.
The post India: Swiggy to lay off 500 people from cloud kitchens amid virus outbreak appeared first on DealStreetAsia.
Paytm said this will widen the base of employees having company shares.
The post India: Paytm to offer ESOPs worth $33.33m to staff appeared first on DealStreetAsia.
The company is trying to get several of the affected employees placed in other organisations.
The post India: BlackBuck to let go of 200 employees as COVID-19 crisis deepens appeared first on DealStreetAsia.
Posted by Roger Bate (on behalf of the authors of the paper) India’s pharmaceutical industry wants its government to sue us because of our “smear campaign” against it (Click here) and if today’s media in India are correct, India’s government is considering it (Click here). This so-called campaign is actually an academic study which identifies uncomfortable data that some Indian companies, or their distributors, seem to be sending inferior medicines to Africa (s [...]
Posted by Roger Bate The Economic Times of India covered our new paper today (see here). The paper published by the National bureau of Economic Research and not AEI as claimed by the Economic Times (see here), shows that Indian firms send their worst quality medicines to Africa. It is a shame that Indian Industry hack DG Shah continues to trot out the same arguments attacking us rather than addressing the paper’s findings. For example, he asks why did it take so long to publish a study [...]
Benjamin David Curell, 28, of Ellettsville, Indiana, pleaded guilty in federal court today to one count of violating the Freedom of Access to Clinic Entrances (FACE) Act, which makes it a federal crime to damage the property of a reproductive health services facility because of the services offered there. The plea stems from an incident that occurred during the early morning hours on April 11, 2013, when Curell broke into the Bloomington, Indiana, Planned Parenthood Clinic and caused extensive damage to the clinic building and its equipment
Ronald Eugene Jamerson, 56, of Schererville, Ind., was sentenced to serve 12 months and one day in prison by U.S. District Judge Phillip P. Simon.
The Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Southern District of Indiana announced the filing of a nine count federal indictment this afternoon against Jerry Mitchell, aka Tre da Great, age 24, of Indianapolis.
Dr. Ronald Eugene Jamerson of Schererville, Ind., entered a guilty plea to one count of willfully failing to truthfully account for, collect and pay over employment taxes to the Internal Revenue Service (IRS), the Department of Justice and IRS announced today.
Indian national Kaushik Jayantibhai Thakkar and Brazilian national Fabiano Augusto Amorim were each sentenced today to serve 36 months in prison for their roles in smuggling undocumented migrants to the United States for private financial gain.
An Indiana man faces a likely sentence of 20 years in prison after pleading guilty to hate crimes stemming from the arson of the Islamic Center of Greater Toledo, the Justice Department announced today.
Peter Borgia Jr., 22, was sentenced by U.S. District Judge Leonie M. Brinkema.
Tierra Environmental, owner Ronald Holmes and manager Stewart J. Roth have been charged with illegally discharging wastewater into the sewers of the Hammond Sanitary District from a closed facility.
Mike Waseleski, 46, a former casino card dealer, was found guilty by a federal jury yesterday in San Diego for his role in a cheating scheme by a group of conspirators known as the “Tran Organization” to steal approximately $1.5 million from Resorts East Chicago Casino.
Jason Jewell, 31, of Frankfort, Ind., was sentenced today to six years in prison and a lifetime of supervised release for possession and transportation of child pornography.
Hoosier Energy Rural Electric Cooperative Inc., an Indiana electric generation and transmission cooperative, has agreed to install state-of-the-art pollution control technology at its two coal-fired power plants in Indiana.
As part of the cooperation and partnership between the United States and India in the fight against international terrorism, Indian law enforcement officials were provided direct access to interview David Coleman Headley.
An Indian national was sentenced today to 81 months in prison on conspiracy and aggravated identity theft charges arising from an international fraud scheme to "hack" into online brokerage accounts in the United States and use those accounts to manipulate stock prices.
This is the fourth Indiana man in two months to be sentenced to prison time for burning a cross.
A federal jury in Indianapolis convicted William Travis Brown on July 23, 2009, of one count of transportation and one count of possession of child pornography.
“With the nation’s focus on health care, this settlement demonstrates the Justice Department’s commitment to ensuring that federal health care dollars are spent appropriately,” said Tony West, Assistant Attorney General for the Civil Division.
Bruce Mikulyuk, 50, of Mishawaka, Ind., pleaded guilty today to interfering with the housing rights of a white woman and an African American man by burning a cross in their yard and later returning with a knife and threatening the man if he did not leave.
Michael Wildridge, 41, pleaded guilty today to transportation and possession of child pornography and was sentenced to 10 years in prison.
James M. Tanksley, 52, pleaded guilty today to receipt of child pornography and possession of child pornography and was sentenced to 80 months in prison.
Bruce Mikulyuk, of Mishawaka, Ind., has been indicted by a federal grand jury for charges stemming from a cross burning in September 2007. Mikulyuk made his first court appearance today in South Bend, Ind. A trial has been scheduled for Nov. 3, 2009. Mikulyuk was charged with one count of interfering with the housing rights of another and one count of using fire in the commission of a felony.