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Insights
16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]
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Insights
13-Apr-18 The public healthcare system in China is overcrowded, particularly in level III public hospitals. The government has now opened the healthcare system to private investments and the Chinese government is now encouraging physicians to practice at multiple facilities. [image: China Med Device]
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Insights
09-Apr-18 Indian beauty and wellness firm VLCC is expanding, with plans to add 50 new training institutes to its existing 70. VLCC also has plans to foray into new markets such as Canada, Malaysia, Sri Lanka, Kenya, Oman and Bangladesh. [image: BCCL]
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Insights
09-Apr-18 India's largest mortgage lender Housing Development Finance (HDFC) is in advanced talks to acquire Apollo Munich Health Insurance for INR1,000 crore (USD153 mn). Apollo Munich is the second largest standalone health insurance provider in India after Star Health. [image: The Economic Times]
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Insights
06-Apr-18 CardUp users can now pay for recurring cash expenses like taxes and rent via credit card. The development follows its seed funding round of USD1.7 mn, led by Sequoia Capital and Seedplus. [image: Fintech Singapore]
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