India’s Pharmeasy seeks funding at 90% valuation reduce

Indian on-line pharmacy startup PharmEasy has knowledgeable its present buyers that it plans to boost a brand new spherical of funding through rights subject at a 90% markdown from the earlier valuation, Indian newspaper Financial Occasions reported Wednesday. PharmEasy, which earlier deferred a plan to go public, wants the brand new money to pay its … Read more

Peak XV Companions backs India’s Digantara to propel house situational consciousness

Digantara, an Indian house tech startup that’s engaged on house situational consciousness, has raised $10 million in a funding spherical led by Peak XV Companions (previously Sequoia Capital India and Southeast Asia) because it plans to kick off industrial house operations and satellite tv for pc site visitors administration. That is notably the primary space-tech … Read more

Dwelling la vida yoga: India’s Modi will bend leaders into form on Worldwide Yoga Day

NEW DELHI — India’s prime minister has a status of casting himself as an ascetic. So when Narendra Modi leads international dignitaries and bureaucrats in a session for Worldwide Yoga Day on Wednesday on the United Nations’ Secretariat in New York, tens of millions of Indians will take word. Yoga, an historical self-discipline first practiced … Read more

Why India’s New Parliament Constructing Is So Controversial

On Sunday, Indian Prime Minister Narendra Modi will inaugurate a brand new parliament constructing in New Delhi, unveiling an edifice supposed to represent his imaginative and prescient because the chief of the world’s most populous nation. The massive, triangular constructing stands immediately reverse the outdated, round constructing on a two-mile-long path—akin to D.C.’s Nationwide Mall—within … Read more