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Franchise India Bureau Mar 06 2018 - 2 min readGenetic diagnostics company MedGenome Labs, the Bengaluru and California-based venture has received Series C round of funding of $40 million (Rs 266.11 crore), bringing in new investors HDFC Ltd, HDFC Life and HDFC Asset Management. According to a statement released by the company, MedGenome will use the proceeds to expand the ...
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Franchise India Bureau Feb 21 2018 - 2 min readIn an attempt to strengthen its content strategy, Mukesh Ambani’s Reliance Industries is acquiring 5% stake in NYSE-listed Eros International, holding company of Indian Cinema Eros International Media (Eros India). In a statement issued by the company, an overseas subsidiary of RIL will acquire Eros’ shares for $15 apiece, at an 18% premium to the ...