Edelweiss fund to back Matrix Lab founder's buyout of Viatris API bizKotak is lending $150 million (₹1,250 crore) under a mezzanine debt facility to Prasad at 18-20% and arranging an additional $300 million f...
30 Apr, 2024, 05.48 AM IST
Kotak Fund to part finance matrix lab founder's Viatris buyThe fund plans to provide a $150 million mezzanine debt facility at 18-20% and arrange another $300 million from other lenders to finance t...
29 Feb, 2024, 05.59 AM IST
Matrix Labs founder buys back Viatris' API business in IndiaViatris' latest transaction includes three manufacturing sites and a R&D lab in Hyderabad, three manufacturing sites in Vizag and third-par...
02 Oct, 2023, 11.55 PM IST
Micro Labs MD Dilip Surana buys bungalow in Bengaluru for Rs 66 croreThe deal includes land measuring 12,043.22 sq ft with a bungalow measuring 8,373.99 sq ft at Fair Field Layout, formerly known as Race Cour...
19 Apr, 2023, 09.11 PM IST
SaaS startup Rocketlane raises $18 million in funding led by 8VCThe funding will be used to expand product offerings, accelerate marketing, and grow the Rocketlane team.
19 Jan, 2022, 07.28 PM IST
iSeed launches second fund with $15 millionThe $15 million has been raised from global funds such as RTP Global, KAMCO Jedi Fund, CM Ventures, FJ Labs and Tribe Capital.
15 Apr, 2021, 01.25 PM IST
Top VCs cut big cheques for idea stage startupsInvestors like Sequoia, Matrix & Lightspeed eye Series-A deals from seasoned founders, executives.
09 Aug, 2019, 08.07 AM IST
Silicon Valley’s AngelList at work on India-dedicated fund‘The Collective’ will deploy about ₹1 crore each across 60-80 companies annually and give access to quick capital to its Syndicate leads.
02 Apr, 2019, 03.49 PM IST
Online investment startup Wealthy secures Rs 1.6 crore seed fundingThe startup mainly targets people in the age group of 31 to 34 years and has already registered a footfall of 3,000, with 250 people alread...
17 Mar, 2016, 03.46 PM IST
Startups cash in on mobile gaming feverAn ever-increasing number of smartphone users and better bandwidth capabilities have pushed a number of startups to try their hand at mobil...
08 Oct, 2014, 05.09 AM IST
Carlyle Group, Advent International in race for Rs 900 crore stake in Laurus LabsPE giant Carlyle Group and Advent International are in discussions for a $150-million (Rs 900-crore) investment deal in Laurus Labs.
11 Feb, 2014, 11.02 AM IST
From Ratan Tata, Anil Ambani to Sunil Mittal: A look at business leaders probed by CBIWhile several industry leaders have been quizzed by the investigative agency, there are others who have been slapped with serious criminal ...
16 Oct, 2013, 01.28 PM IST
- CBI arrests Matrix Labs founder Nimmagadda Prasad
CBI has accused Prasad of investing money in companies controlled by Jagan as quid pro quo for obtaining thousands of acres of land.
16 May, 2012, 04.20 AM IST
- Masterminded Matrix Lab’s rise to the top
The first-generation entrepreneur who masterminded Matrix Lab’s rise to the top is now focusing his efforts on promoting entrepreneurship.
21 Jul, 2007, 05.20 AM IST
- Matrix founder Prasad set to get into the groove at Mylan
Matrix founder N Prasad, who has built an enterprise valued at $1bn in about five years, is in no mood to put his feet up and relax.
09 Sep, 2006, 02.54 AM IST
- US pharma major Mylan buys Matrix Labs
The generic drugs major will acquir Hyderabad-based Matix Lab in a cash-and-stock deal worth Rs 3,424 cr.
29 Aug, 2006, 01.58 AM IST
- Mylan to buy into Matrix
Mylan Laboratories’ India foray may be just round the corner - the US company is set to pick up a major stake in Secunderabad-based Matrix ...
28 Aug, 2006, 04.18 AM IST