Washington D.C.-based non-profit Good Food Institute, the government of India's state of Maharashtra, and the Institute of Chemical Technology located in Mumbai will set up a Center for Excellence in Cellular Agriculture. Good Food Institute India is looking for funding of $8 million to set up a lab at the...
Global PE Firms Invest in India's Residential Realty
The residential real estate sector in India is witnessing a spurt in global investments due to regulatory changes and a more dovish monetary policy outlook. Additionally, government announced a cut in the goods and services tax charged on sales of residential properties under construction to stimulate the economy by driving up...
Matrix Partners Invest in India's Dairy Startup Country Delight
Palo Alto, CA-based Matrix Partners' subsidiary Matrix Partners India led an investment of $10 million in Guragaon-based dairy startup Country Delight. Matrix’s previous investment in the dairy space was on milk and grocery delivery startup DailyNinja. "We have been tracking Country Delight for more than a year now and have...
AstraZeneca, Indian Cancer Society to Launch Cancer Screening
AstraZeneca Pharma India in partnership with the Indian Cancer Society, announced the launch of a nationwide cancer awareness initiative – Cancer Screening for Women. Under this program, free, specialized cancer-screening will be conducted across the country for women from underprivileged families. These screening camps will focus on prevalent cancers of...
Singapore's MyDoc Debuts in India
Singapore-based digital health startup MyDoc took its first major step into the Indian market through a joint venture with Aliso Viejo, California-based UST Global a multinational provider of Digital, and IT services and solutions. The partnership expands access to MyDoc’s virtual managed care platform to more than 14,000 UST employees across...
PayPal India Reports Twelve-Fold Jump in Revenue
San Jose, California headquartered PayPal's India subsidiary reported an over twelve-fold jump in revenue for financial year 2018. As a result, the company has increased its investments in India, augmented its technology, and will hire new employees in the country. PayPal will also launch a new office in Mumbai. While...