Diagnostics Labs

Netmeds bags $14 Million fund from Tanncam and sistema Asia fund

Opportunity India Desk Nov 01, 2017 - 1 min read

Online pharmacy Netmeds has raised $14 million (over Rs 90 crore) in the latest round of funding from Cambodian investment holding company Tanncam and venture firm Sistema Asia Fund. Netmeds said in a statement “Tanncam and Sistema will join early investor’s investment bank MAPE and OrbiMed Asia, along with Pradeep Dadha and his family, as ...

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Samsung Partners with UP Government To Set Up 20 Healthcare Centers

Opportunity India Desk Nov 23, 2017 - 1 min read

Samsung India, a subsidiary of the South Korea-based electronics major, today said it has partnered with the Uttar Pradesh government to set-up 20 new smart healthcare centres across the state to provide healthcare equipments. The smart healthcare programme aims to offer affordable and quality healthcare to patients from the economically and socially weaker sections of ...

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Mobiefit Bags $1.3 Million Fund fron NB Ventures

Opportunity India Desk Nov 28, 2017 - 1 min read

Mobiefit recently raised a pre Series A funding of $1.35 Million (Rs 8.85 Crore) led by NB Ventures of Dubai with co-investment from MediAssist. NB Ventures is a $50+ million Dubai-based fund, whose recent Indian investments include Participation in $7 million Series A for diet and nutrition company HealthifyMe.  MediAssist is India’s leading healthcare data ...

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Curofy Bags Fund Of Rs 1.6 Crore RoundGlass Partners LLC

Opportunity India Desk Dec 20, 2017 - 1 min read

Gurgaon-based 911 India Healthcare Pvt. Ltd, which owns doctor networking app Curofy, has raised Rs 1.6 crore ($250,000) in a fresh round of funding, according to a person familiar with the matter. Curofy secured the money from existing US-based venture capital investor RoundGlass Partners LLC, the person said. Start-up was launched in February 2015 by ...

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EasyBuyHealth Bags Fund Of Rs 2.2 Crore From Group Of Investors

Opportunity India Desk Dec 21, 2017 - 1 min read

Kolkata-based Affordable Health Services Pvt. Ltd, which runs online healthcare services aggregator EasyBuyHealth, has secured $350,000 (Rs 2.2 crore) in a seed round from a group of angel investors from the business and medical communities. The capital will be used to expand its team to 100 members, from the existing 50, over the next six ...

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Strides Shasun To acquire 55% Stake In Trinity Pharma Proprietary Ltd

Opportunity India Desk Dec 21, 2017 - 1 min read

Drugmaker Strides Shasun Ltd has agreed to acquire a 55% stake in South Africa-based Trinity Pharma Proprietary Ltd for Rs 27.5 crore ($4.3 million) in an all-cash deal. The firm will acquire the controlling stake in Trinity Pharma through its wholly owned subsidiary Strides Pharma Asia Pte. Ltd. Deal will help Strides Shasun enter a ...

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Sheroes Acquires Child Healthcare Startup Babygogo

Opportunity India Desk Dec 28, 2017 - 2 min read

Sheroes, the women’s-focused career platform, has acquired Delhi-based child healthcare startup Babygogo. The nature and value of the acquisition were not disclosed by the companies. The founders of Babygogo will join Sheroes as co-founders. This is the second acquisition in less than five months by Delhi-based Sheroes. In August this year, Sheroes had acquired Bangalore-based ...

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Pfizer Net Profit Rises To 40%

Opportunity India Desk Jan 25, 2018 - 0 min read

Drug firm Pfizer reported a 39.87 per cent rise in its net profit at Rs 87.24 crore for the quarter ended December 2017, mainly on account of lower expenses. Revenue from operations for the quarter under review stood at Rs 456.5 crore as compared to Rs 510.2 crore in the same period of the last ...

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Samsung India Launches Smart Healthcare Unit In Andhra Pradesh For Quality Doctoring.

Opportunity India Desk Mar 20, 2018 - 2 min read

In an attempt to Increase the affordability and access to the quality healthcare by the patients from the economically and socially weaker sections of society, Samsung India has announced inauguration of the Samsung Smart Healthcare program at King George Hospital in Visakhapatnam. In the initiative, Samsung has provided advanced and innovative healthcare equipment such as ...

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Modicare to be ready for launch by July end

Opportunity India Desk Mar 23, 2018 - 3 min read

The Ayushman Bharat National Health Protection Mission (NHPM), hailed as the world's largest public funded health insurance scheme, would be ready for launch by July end, informed Union Health and Family Welfare Minister J.P. Nadda. He said in a meeting, "All activities related to launching of Ayushman Bharat will be done by the end of ...

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