Page 12 - Aneeka Chatterjee

Cancer, neonatal care, and genetic disorders dominate crowdfunding in India

CarePal, the parent company of Impact Guru, in its State of Cancer Fundraising Report 2024, revealed that the top 100 cancer campaigns on Impact Guru in FY24 raised an average of Rs 10 lakh each

Peter Bains steps down as Group CEO of Biocon, to serve Syngene's MD & CEO

Furthermore, Biocon has scheduled a board meeting on April 4 to discuss and approve fundraising for its commercial business

Flexspace provider IndiQube gets Sebi approval for Rs 850 crore IPO

Backed by venture capital firm WestBridge Capital and noted investor Ashish Gupta, IndiQube operates with 103 centres across 13 cities

Tax benefits, infra boost outside metros drive a second home boom

Offering tax benefits for non-resident Indians and an appealing alternative to domestic buyers, these properties are increasingly seen as both a lifestyle upgrade and a strategic financial asset

Bengaluru's NW Corridor may see 16-19 mn sq ft commercial stock by 2030

The region is emerging as one of Bengaluru's fastest-growing secondary business districts (SBD), driven by rapid real estate activity and infrastructure development

Brigade Group inks pact for Rs 300 cr luxury housing project in Mysuru

The land parcel spans 5 acres and 12 guntas. The project will offer 0.45 million square feet of planned residential space

NCLT approves amalgamation of Suven Pharma, Cohance Lifesciences

As per the scheme's terms, the merger will take effect from the first business day of the month following the fulfilment of all conditions

Fresh capex to boost hospital bed expansion by 35-40% in 3-5 years

After a consolidation phase from FY17-FY24, hospitals are shifting focus to expansion, emphasising brownfield projects and operation and maintenance models to mitigate risks and enhance profitability

Primus launches B'luru's 1st multi-generational community 'Primus Sangama'

A multi-generational community is typically designed for children, adults, and seniors to coexist while maintaining independent lifestyles

315Work Avenue plans to add 2 mn sq ft in FY26, invest Rs 400 crore

315Work Avenue's expansion aligns with its strategy to establish a presence in 10-12 cities over the next two years and reach 5 million square feet this year

BCD Group doubles order book to Rs 2K cr, aims to boost Pan-India presence

BCD Group has already secured orders worth Rs 350 cr in Q1 from developers such as Godrej, Assetz, and Century, driven by growing demand for commercial, residential spaces across key cities

Manpower acquisition, retention biggest challenges for R&D GCCs: Expert

GCCs in life sciences and healthcare have grown across India, with Bengaluru, Hyderabad, and Chennai emerging as key hubs

Turbostart invests $1 mn in Lighthouse PropTech's $2.5 mn funding round

The Dabur Family Office and several other high net-worth individual (HNI) family offices joined the round, valuing the company at $13.5 million

Embassy Developments, Lam Research ink Rs 1,125 cr land deal in Bengaluru

The deal bolsters Bengaluru's status as a global tech hub, attracting high-tech investments and fueling demand for premium commercial infrastructure

Bharat Biotech launches India's only integrated cell, gene therapy facility

BBIL's 50,000-square-foot CGT facility advances its mission to deliver life-saving treatments for haematological malignancies and inherited blood disorders

Stylework eyes IPO by FY28, to raise $6 million in pre-Series B round

The company is in the process of closing $6 million in pre-Series B funding

MCKT Beverages launches Nepal's Khukri Rum in India, sets expansion plan

MCKT Beverages aims to sell 20,000 cases of the premium drink by FY26

Nikhil Kamath's Gruhas, Brigade launch Rs 300 cr realty-focused fund

Both partners have contributed about 15% each to the overall Rs 200 crore Sebi-registered Category II AIF, which includes a Rs 100 crore green-shoe option

Essential drug price cuts saved patients Rs 3,788 crore a year: Govt

Under the AMRIT initiative, medicines for cancer, cardiovascular diseases, and surgical implants are available at up to 50 per cent discounts in selected hospital pharmacies

Workplace business on a high as back to office becomes the new normal

While commercial real estate developers are banking on potential demand, they also believe that hybrid work culture will continue to co-exist