Business

Ankit Mahadevia’s Spero Therapeutics gets $30 million funding

Ankit Mahadevia’s Spero Therapeutics gets $30 million funding

CAMBRIDGE, MA– Spero Therapeutics, a biopharmaceutical company founded to develop novel therapies to treat bacterial infections, announced existing Series A…
Indian firm developing vaccine for Zika virus

Indian firm developing vaccine for Zika virus

HYDERABAD– Hyderabad-based Bharat Biotech is developing world’s first vaccine for Zika virus, which has been declared as public health emergency…
Aereo founder Chet Kanojia launches new company: Starry Inc.

Aereo founder Chet Kanojia launches new company: Starry Inc.

BOSTON–Chaitanya “Chet” Kanojia, who was forced out of his former company Aereo because of a Supreme Court decision, has launched…
South Asian Bar Association Elects Saraa Basaria as President, a New Board

South Asian Bar Association Elects Saraa Basaria as President, a New Board

BOSTON— The South Asian Bar Association of Greater Boston has elected Saraa Basaria as its new president and a new…
Abbott to buy Alere for $5.8 billion, Led by Sri Lankan-Born Namal Nawana

Abbott to buy Alere for $5.8 billion, Led by Sri Lankan-Born Namal Nawana

WALTHAM, MA— Abbott and Alere Inc. announced today a definitive agreement for Abbott to acquire Alere, for $5.8 billion. Sri…
India’s IT and Telecommunications Minister to Visit Boston This Week

India’s IT and Telecommunications Minister to Visit Boston This Week

CHELMSFORD, MA—India’s Information Technology and Telecommunications Minister Ravi Shankar Prasad will be in Boston this week and plans to hold…
Avni Patel’s online demand childcare Poppy raises $589,305 from angel investors for expansion

Avni Patel’s online demand childcare Poppy raises $589,305 from angel investors for expansion

SEATTLE, WA– Avni Patel’s online demand childcare Poppy has raises $589,305 from angel investors, according to media reports. “In early…
Vishal Chawla Joins Grant Thornton as Managing Principal

Vishal Chawla Joins Grant Thornton as Managing Principal

McLEAN, Va.–Vishal Chawla has joined Grant Thornton LLP as managing principal in its Cyber Risk Advisory Services practice. The cybersecurity…
Myntra aims for $1 billion sales

Myntra aims for $1 billion sales

BENGALURU–Leading ecommerce fashion retailer Myntra on Thursday said it aims to clock a gross merchandise value (GMV) of $1 billion…
Mukesh Ambani, Premji, Shanghvi among world’s richest billionaires

Mukesh Ambani, Premji, Shanghvi among world’s richest billionaires

BENGALURU–India’s richest business mogul Mukesh Ambani of Reliance Industries, Indian IT czar Azim Premji of Wipro and drug maker Dilip…
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