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Zuventus Healthcare Limited News

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  SFAL-backed startups breaking barriers, creating cutting-edge products, says IT/BT Minister Priyank Kharge

  Morphing Machines, an SFAL-supported fabless semiconductor company, has developed Redefine, which would cater to emerging workloads in areas such as telecom, AI/ML, healthcare, and high-performance computing. The startup has secured $2.76 million (Rs 23 crore) in a seed funding round led by Speciale Invest, the minister said.

  

  Asian Development Bank commits USD 500 mn loan for improving healthcare in Maharashtra

  The Government signed a USD 500 million loan package with the Asian Development Bank to enhance tertiary health care and medical education in Maharashtra. The project includes establishing four medical colleges with climate and disaster-resilient features in under-served districts, increasing bed capacity in government hospitals, and hiring 500 new doctors. ADB aims to improve the quality of healthcare, reduce out-of-pocket expenses, and create policy actions for recruiting and retaining quality medical staff.

  

  Khaitan & Co Survey: India emerges as key PE hub with promoters increasingly opting for exits

  Khaitan & Co's survey indicated continuous interest in India for private equity, with notable activity in energy, technology, healthcare, and financial sectors. Promoters are increasingly open to selling majority shares. The emphasis on due diligence, risk assessment, and ESG considerations among PE firms is rising, fostering diversified investment portfolios and new ventures.

  

  From defence to logistics, how drones can bring nex-gen changes in different industries

  Drones are transforming various industries after initially serving military purposes. In logistics, agriculture, healthcare, and infrastructure, they offer enhanced efficiency and precision. Benefits include quicker deliveries, sustainable farming, rapid medical supply transport, and improved infrastructure monitoring. Ongoing innovations aim to broaden their applications, ensuring further advancements in these sectors.

  

  AI firm Fractal has built India's first medical LLM Vaidya. ai

  AI firm Fractal's Vaidya, fine-tuned using open-source base models which are 30-70 billion parameters in size and trained on 650k+ images and 200k+ text inputs capable of understanding Hindi, Kannada, Tamil, Telugu etc, co-founder and CEO Srikanth Velamakanni said.