PharmEasy plans $200 million fund raising at lower valuation: Report

MUMBAI: Drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct knowledge of deal talks told Reuters.Signalling growing stress in India’s startup ecosystem, one source said PharmEasy, backed by big-name investors such […]

EU’s lending arm joins India-led Coalition for Disaster Resilient Infrastructure

European Investment Bank president Werner Hoyer welcomed the Indian government’s initiative to create CDRI to build a global economy resilient to climate change EIB will work with national governments, UN agencies, multilateral development banks and the private sector that are part of CDRI to promote the rapid development of infrastructure resilient to climate change and […]

Attack On Shinzo Abe Updates: Japan Ex PM Shot At Campaign Event, Condition Unknown

Japan’s former prime minister Shinzo Abe was shot this morning while campaigning for a parliamentary electionin the Nara region. Prime Minister Fumio Kishida said Abe, 67, was in grave condition. He condemned the shooting in the western city of Nara during the campaign for Sunday’s upper house election as an unacceptable attack on the foundation […]

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