Lohit Jagwani - Author at VCCircle
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Lohit Jagwani

StanChart PE raises stake in Fortis for over $7M, total commitment now at $27.5M

Healthcare

22 August, 2013

StanChart PE raises stake in Fortis for over $7M, total commitment now at $27.5M

Standard Chartered Private Equity (StanChart PE) has shelled out Rs 47.25 crore ($7.4 million) to buy an additional 1 per ......

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Bennett Coleman sitting at par value on 5-year-old investment as Ace Tours files for IPO

Consumer

22 August, 2013

Bennett Coleman sitting at par value on 5-year-old investment as Ace Tours files for IPO

Surat-based Ace Tours Worldwide Ltd, which provides domestic and international travel services, has filed documents to raise Rs 8 crore ......

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Omni Hospitals plans to invest over $30M to expand network by 2017

Healthcare

21 August, 2013

Omni Hospitals plans to invest over $30M to expand network by 2017

ASK Pravi-backed Omni Hospitals plans to invest around Rs 200 crore (over $30 million) to scale up its network of ......

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MedGenome raises $1.5M from Singapore-based Emerge Ventures

Healthcare

20 August, 2013

MedGenome raises $1.5M from Singapore-based Emerge Ventures

Bangalore-based high-end diagnostics services company MedGenome Labs Pvt Ltd has raised $1.5 million (close to Rs 10 crore) from Singapore-based ......

OrbiMed cuts size of second Asian healthcare fund, seeks to raise $300M

General

19 August, 2013

OrbiMed cuts size of second Asian healthcare fund, seeks to raise $300M

New York-based healthcare focused private equity firm OrbiMed has initiated the process to raise $300 million for its second pan-Asia ......

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Core Diagnostics in talks to acquire US-based lab, eyeing second round of VC funding

Healthcare

16 August, 2013

Core Diagnostics in talks to acquire US-based lab, eyeing second round of VC funding

Artiman Ventures-backed Core Diagnostics Pvt Ltd, which provides specialised diagnostics services, is in talks to acquire a US-based lab in ......

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Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Healthcare

14 August, 2013

Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Matrix Partners-backed Cloudnine Hospitals, which provides women and child care services, is planning to invest Rs 300-450 crore ($48-73 million) ......

Vivimed Labs hit by decline in operating margins; PAT drops 23% but revenues up 25%

Healthcare

14 August, 2013

Vivimed Labs hit by decline in operating margins; PAT drops 23% but revenues up 25%

Vivimed Labs Ltd, which manufactures active pharmaceutical ingredients (APIs), finished dosage formulation (FDF) and retail branded formulation, saw its margins ......

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Elder Pharma Group to focus on OTC products after selling domestic formulations business

Healthcare

13 August, 2013

Elder Pharma Group to focus on OTC products after selling domestic formulations business

Elder Pharma Group will focus aggressively in building over-the-counter (OTC) and direct-to-consumer (DTC) products segment after selling its domestic formulations ......

Aurobindo Pharma to acquire majority stake in Celon Lab's plant & Silicon Life Sciences

Healthcare

13 August, 2013

Aurobindo Pharma to acquire majority stake in Celon Lab's plant & Silicon Life Sciences

Indian pharma company Aurobindo Pharma Ltd has struck a deal to acquire majority stake in an upcoming manufacturing unit of ......