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Vaidya Sane Ayurved Laboratories Limited (Madhavbaug) gets NSE approval for SME IPO

Speciality chain Of Cardiac Clinics, Vaidya Sane Ayurved Laboratories Limited, a unique medical service institution popularly known as ‘Madhavbaug’ that treats chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda has filed its draft red herring prospectus (DRHP) and has received in principle, … Read more

GPT Healthcare Limited, backed by BanyanTree, receives Sebi approval for an IPO for Rs 500 CR

GPT Group

GPT Healthcare, which owns and manages hospitals under the ILS Hospitals brand, has received permission from the Securities and Exchange Board of India (Sebi) to begin its initial public offering (IPO). According to the draught red herring prospectus, the initial public offering (IPO) will include a fresh issue of equity shares worth Rs 17.5 crore … Read more

Mamaearth Enters Unicorn Club, Raises $ 52M Led By Sequoia At 1.2B Valuation

Honasa Consumer Pvt. Ltd. (HCPL), the parent company of Mamaearth, The Derma Co., and the fastest growing personal care House of Brands, has closed a USD 52 million round led by Sequoia Capital, solidifying the business’s leadership in the D2C personal care space. Sofina Ventures SA, a Belgian investment firm, and Evolvence, a UAE-based India-focused … Read more

Bangalore based Siply to Double its Head Count in 2022

Siply

Siply, a tech-enabled micro-savings platform today announced that the company is looking to double its head count by 2022 and hire across technology, marketing and operations. Sousthav Chakrabarty, Co-founder & CEO, Siply, says, “Our vision is to be the preferred financial services partner to over 40 crore Indians, who are not yet a part of the formal … Read more

India’s Start-up Prowess in Full Display at Elevate-III

Ten Indian start-ups showcased their innovations to global investors from the UAE and around the world at the third session of the ‘Elevate’ pitching series held on Sunday in Dubai. Gracing the occasion was Dr. Aman Puri, Consul General of India in Dubai, and Mr. Duncan Mulima, Consul General of Zambia in Dubai. The Indian … Read more