Boston, MA headquartered AI vocal biomarker company Sonde Health raised a $19.25 million Series B investment round led by Seoul-based venture capital firm, Partners Investment. Others that invested were NEOM Company, KT Corporation, and existing investors, including co-founder PureTech Health and M Ventures. The company raised $35.25 million in total....
India’s Excelra Takes Ownership in Boston-Based Anlitiks
Hyderabad India-headquartered Excelra, a global Data and Analytics provider for Life Science organizations, announced a strategic majority investment in Anlitiks, aechnology company in the value and evidence domain. This move reinforces Excelra’s footprint into the Health Economics and Outcomes Research (HEOR) and Real-World Evidence (RWE) analytics area. The deal will...
Does a Trillion-Dollar Manufacturing Export Opportunity Face India?
In a report titled The Trillion-Dollar Manufacturing Exports Opportunity for India, Boston, MA-headquartered Bain & Company posits that India's manufacturing exports are set to touch the $1 trillion mark by 2028. Over the last two years India’s manufacturing exports stood at $418 billion in FY22, rising at a CAGR of...
Advent to Acquire Controlling Stake in Indian Biopharma Maker
Boston, MA headquartered global private equity investor Advent International will acquire a majority stake in Mumbai India-based Bharat Serums and Vaccines Limited. The acquisition is expected to close by the end of 2019. Bharat Serums is a biopharmaceuticals company focussed on women’s healthcare, assisted reproductive treatment, and critical care and...
American Tower Company Expands Indian Stake to 90%
American Tower Company, a real estate investment trust that owns, operates, and develops wireless communications and broadcast towers in the United States, acquired India's Tata Teleservices’ 13% residual stake in ATC Telecom Infrastructure Private Limited, for $360 million. With this acquisition, the Boston, MA-based independent tower firm now owns nearly...
India Company Acquires Boston Health Startup
Pune, Maharastra-based Persistent Systems acquired Boston, MA-based hospital data management company, Herald Health, a two-person health tech startup with successful pilots at Brigham and Women's and Boston Children's Hospitals in Boston. The deal was closed for $5.2 million. Herald Health has created a software platform that allows various hospital stakeholders...