GenWorks Health raises Rs 135 Cr from Somerset Indus Capital Partners, Morgan Stanley, Evolvence & Wipro GE
GenWorks said it aims to double revenues in FY23 and the funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing partnerships, and expansion in the area of in-vitro diagnostics. GenWorks, the Bengaluru-based startup that is dedicated to improving healthcare access in India, has raised a second round of funding […]
Medical device distributor Genworks Health raises Rs 15 Cr from Blacksoil
According to a statement by the company, the funds will be used for meeting the working capital requirements and expanding the company’s newly acquired In-Vitro Diagnostics segment of IRIS Healthcare.
PE-backed GenWorks acquires in-vitro unit of Mumbai-based healthcare firm
Somerset-backed GenWorks acquires in-vitro unit of Mumbai-based healthcare firm Iris
Cover Story: 2020 Year of Unprecedented Challenges and New Learnings
What does the future hold for the healthcare sector? 2020 has been an adversary not many could handle and yet it forced us to look for opportunities and ways to innovate and raise up to the challenge that the pandemic brought with it.
Wipro 3D and GenWorks Health unveils Wipro Chitra AirBridge for emergency breathing assistance
Wipro 3D, the metal additive manufacturing (AM) business of Wipro Infrastructure Engineering (WIN)
Exclusive: Somerset-backed GE Healthcare distributor ropes in new PE investors
A distributor of GE Healthcare products has raised fresh funding from new investors Morgan Stanley and Evolvence India Fund within…
Medical devices industry private equity deals in Q2 2019 total $263.84m globally
Total medical devices industry private equity deals in Q2 2019 worth $263.84m were announced globally, according to GlobalData’s deals database.
Genworks raised private equity investment from Somerset Indus Capital Partners
GenWorks a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare, has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake.
Healthcare startup GenWorks raises Rs 65 crore from Somerset Indus Capital
CHENNAI: GenWorks, a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare, has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake.
Exclusive: Browndove Healthcare raises funding from Somerset Indus Capital
Bengaluru-based Browndove Healthcare (P) Ltd, which is focused on medical devices for renal care, has raised funding from healthcare-focused private equity firm Somerset Indus Capital Partners, two …