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Serum Institute of India

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Advent may rope in new investor for Bharat Serums with neat valuation markup

Healthcare

24 July, 2023

Advent may rope in new investor for Bharat Serums with neat valuation markup

Mumbai-based biopharmaceutical company Bharat Serums, controlled by private equity major Advent International, is looking to onboard new investor(s) for a ......

Serum to double investment in PE-backed Biocon Biologics to $300 mn

Healthcare

25 April, 2023

Serum to double investment in PE-backed Biocon Biologics to $300 mn

A unit of Adar Poonawalla-led Serum Institute of India, the world's biggest vaccine maker, will double its investment to $300 ......

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Poonawalla  to  target growth-stage firms with ₹1,000 cr fund

Finance

19 December, 2022

Poonawalla  to  target growth-stage firms with ₹1,000 cr fund

Adar Poonawalla, chief executive of Serum Institute of India, has sought regulatory approval to establish the Poonawalla Vision Fund to ......

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India Alternatives garners 5x returns on its first exit from second fund

Finance

06 April, 2022

India Alternatives garners 5x returns on its first exit from second fund

The family office of Adar Poonawalla, who is the CEO of the world's largest manufacturer of vaccines by volume, Serum ......

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Healthcare

01 October, 2021

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Wellness Forever Medicare Ltd, an omni-channel retail pharmacy chain backed by Adar Poonawalla, has filed for an initial public offering ......

Serum Institute to acquire 50% stake in India's largest vial maker Schott Kaisha

Healthcare

17 August, 2021

Serum Institute to acquire 50% stake in India's largest vial maker Schott Kaisha

Vaccine maker Serum Institute of India has acquired a 50% stake in drug vial maker Schott Kaisha, the companies said ......

Russia's RDIF, India's SII to make Sputnik COVID-19 vaccine in India

Healthcare

13 July, 2021

Russia's RDIF, India's SII to make Sputnik COVID-19 vaccine in India

The Russian Direct Investment Fund (RDIF) and Serum Institute of India (SII) unveiled plans on Tuesday to start producing Russia's ......

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Finance

31 May, 2021

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Non-bank lender Magma Fincorp Ltd on Monday named Serum Institute of India chief executive Adar Poonawalla as its chairman and ......

Serum Institute of India to invest $333 mn in United Kingdom

Healthcare

04 May, 2021

Serum Institute of India to invest $333 mn in United Kingdom

Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal ......

Serum Institute of India appeals to Biden to lift embargo on raw material exports

Healthcare

16 April, 2021

Serum Institute of India appeals to Biden to lift embargo on raw material exports

The Serum Institute of India (SII), the world's biggest vaccine maker, on Friday urged US President Joe Biden to lift ......