Read more about Indian Bank signs MoU with IISc initiative to fund start-ups, MSMEs on Business Standard. State-owned Indian Bank onFriday said it has entered into an MOU with Society for Innovation and Development (SID), an initiative of Indian Institute of Science, for extending exclusive credit facility to Start-ups and MSMEs.This initiative is
KKR-owned JBCPL to aggressively scale up, acquire local drug brands
Mumbai-based JBCPL, a listed company promoted by the Modi family since mid-1970s, was taken over by KKR last year, paying Rs 3,100 crore for 54% stake
PB Jayakumar | February 12, 2021 | Updated 17:18 IST
The US private equity firm KKR controlled JB Chemicals & Pharmaceuticals (JBCPL), one of the oldest pharmaceutical companies in India, is planning to aggressively scale up the business by acquiring midsized local drug companies and potential brands. We are evaluating a few mid-sized companies for acquisition as part of our business re-imaging strategy and aggressive growth plan. We are also looking to acquire potential brands, said Nikhil Chopra, CEO and whole-time director, JBCPL.
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