The nutraceuticals market in India is expected to grow to $18 billion by the end of 2025, according to a report in the Times of India, the largest circulating English language newspaper in the country. Currently, the Indian market imports $ 2.7 billion worth of nutraceuticals. The dietary supplements segment...
Indian Scientists Develop New Tool to Detect Cancer
Indian scientists at the Singapore-based molecular diagnostic Tzar Labs and the Mumbai-based Epigeneres Biotechnology have developed a new method to detect cancer. The test, known as HrC, can categorize solid tumors, hematological malignancies, and sarcomas at the stage they're at. Both labs are led by nanotech scientist Vinay Kumar Tripathi...
Facebook Invests in Clean Energy in India
As part of its commitment to being carbon neutral, Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project. This is the social media giant's first such deal in the South Asian nation. The 32 megawatt wind power project, located in India's...
Tesla Moves Forward with India Market Entry
Tesla Inc is scouting for locations to open showrooms in Mumbai, Delhi and Bangalore and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country. The world’s most valuable automaker by market capitalization is looking for commercial properties as large as...
Danone's Venture Arm Invests In Indian Yoghurt Startup
Mumbai-based food startup Drums Food International that sells the popular brand of Epigamia yogurts has raised $30 millon in a Series C round of funding from Danone Manifesto Ventures, the investment arm of the French dairy major. Drum sells artisanal greek yogurt, "mishti doi", and packaged smoothies in 10,000 stores in India....
Korean Beauty Brand Launched in India
Korea's AmorePacfic group has launched its signature luxury brand, Sulwhasoo, in India with Nykaa an omnichannel retailer starting with an online presence in July. With this launch, Sulwhasoo aims to offer its vision of “ageless beauty inspired by timeless wisdom” Further, the Nykaa Luxe store launch is planned for mid-August...