Kotak Strategic Situations Fund buys into Neuberg DiagnosticsKotak Strategic Situations India Fund II has invested Rs 940 Crore in Neuberg Diagnostics to support its inorganic expansion and prepare fo...
10 Jan, 2025, 11.26 PM IST
Maxivision Super Specialty Eye Hospital to expand in Gujarat; commits Rs 200 cr investmentsMaxivision Super Specialty Eye Hospitals is investing Rs 200 crore to expand its presence in Gujarat. The company plans to open 25 hospital...
14 Dec, 2024, 05.55 PM IST
Kotak Pre-IPO fund to buy into diagnostic chain NeubergKotak Pre IPO Opportunities Fund is in advanced talks to acquire a 15% stake in Neuberg Diagnostics for approximately Rs 450 crore. Neuberg...
04 Dec, 2024, 01.39 PM IST
Neuberg Diagnostics plans to raise $100 million to fund acquisitionsNeuberg, which runs a pan-India diagnostic chain, has appointed O3 Capital as the investment banker and is currently in talks with potentia...
13 Apr, 2024, 12.16 AM IST
Neuberg Diagnostics completes merger of Supratech, Anand Reference LaboratoryAs a result of the acquisition, the group gross revenue of Neuberg Diagnostics is expected to be over Rs 1,000 crore during the current fin...
20 Sep, 2023, 07.24 PM IST
FMCG spices it up, pharma takes a shot at diagnosticsAhmedabad-based drug major Torrent Pharma is reportedly set to foray into the diagnostics business, although a formal announcement is await...
25 Jul, 2022, 01.37 AM IST
Prognosis weak for diagnostics post CovidThe past two years saw several large players such as Reliance and Tata as well as pharma major Lupin enter this space. Hospital chains, too...
20 Jun, 2022, 06.33 AM IST
Neuberg may file IPO papers in H2 of FY23Besides chairman GSK Velu, the other founding members of Neuberg Diagnostics are Anand Diagnostic Laboratory (Bengaluru), Supratech Micropa...
07 May, 2022, 07.57 AM IST
Neuberg Diagnostics expands footprint in North India"At Neuberg, our strategic decisions are governed by our commitment to making state-of-the-art technology and new generation diagnostics ac...
02 Dec, 2021, 09.06 PM IST
Diagnostic firms outpace hospital cos in valuation growthThe medical diagnostics industry in India is a highly fragmented market dominated by unorganised players functioning with minimum regulatio...
11 Jan, 2021, 07.02 AM IST
India’s spending on Covid-19 tests crosses Rs 100 croreThe figure includes the estimated expenditure of the state governments and takes into account only reverse transcription polymerase chain r...
21 Apr, 2020, 09.11 AM IST
Private labs may move SC over testing orderIndia's top private diagnostics laboratories are thinking of moving the Supreme Court, seeking to reconsider its order directing free testi...
10 Apr, 2020, 12.51 PM IST
Covid-19: State's private labs yet to take testing loadTwo private laboratories in Bengaluru which received approvals from the Indian Council of Medical Research (ICMR) to test for Covid-19 infe...
08 Apr, 2020, 11.01 AM IST
Covid-19: Private labs face home testing hiccupsSeveral private labs say they are stuck between following state government directives and ICMR guidelines, such as home collection of sampl...
02 Apr, 2020, 07.54 AM IST
Neuberg Diagnostics starts COVID-19 testing at Chennai lab after ICMR nodNeuberg Diagnostics, a startup in the path lab chain segment has received the approval from the ICMR for all its four labs in cities of Ahm...
25 Mar, 2020, 05.41 PM IST
Trivitron, Neuberg may expand to Africa, MideastGSK Velu, founder of both companies, is looking at aggressively acquiring pathology chains and medical equipment makers in these markets th...
02 May, 2019, 02.30 PM IST
Entrepreneur Velu back in diagnosticsThe re-entry puts him in direct competition with his former partner, Ameera Shah.
14 Dec, 2017, 02.12 PM IST