Bismah Malik

2 weeks ago | htsyndication.com | Bismah Malik

India, May 23 -- What connects Elon Musk, Oprah Winfrey, Kate Winslet and Kim Kardashian? The answer is Ozempic, and now Indian healthtech startups are entering the Ozempic and Mounjaro era. The diabetes drug, which has quickly gained market share for its effectiveness in weight loss, is becoming a key part of healthtech stacks in India - with Bengaluru-based Healthify becoming the first player to formally introduce GLP-1 drugs for medically-assisted weight loss.

2 weeks ago | inc42.com | Bismah Malik

SUMMARY As GLP-1 medications make their way into India, Bengaluru-based Healthify has turned to Mounjaro for its all-new weight loss programme, backed by nutrition, physical training, and lifestyle changes With the US-held patents on Ozempic and Mounjaro now expiring, these so-called ‘miracle drugs’ are ready to take the Indian market by storm with pharma companies preparing to manufacture generic versions Healthtech industry experts predict a make-or-break moment, especially if the US market...

3 weeks ago | inc42.com | Bismah Malik

SUMMARY SoftBank-backed ElasticRun is a B2B ecommerce player, claiming to connect brands to rural consumers through over 10 Mn stores Major B2B ecommerce players like Udaan, Jumbotail and ElasticRun have been forced to do a business reset amid slowed investments, blitzscaling and deployment of asset-heavy models ElasticRun is helping D2C brands to do quick deliveries with deployment of more than 800 dark stores through which it also serves its rural customer base The B2B ecommerce space in...

3 weeks ago | htsyndication.com | Bismah Malik

India, May 17 -- The B2B ecommerce space in India has seen a shake-up perhaps like no other sector in the recent past. Be it Jumbotail acquiring Solv India for strengthening its vertical play, or Udaan raising funds at 50% valuation drop, or Dealshare running into a rough patch, or more recently ElasticRun focussing squarely on improving margins even at the cost of a slump in GMV sales, the business segment has been bustling with activities.

3 weeks ago | inc42.com | Bismah Malik

SUMMARY Amid a frenetic rush for raising funds either from VCs or through listings, an increasing number of startups are resorting to accounting frauds and governance malpractices Inc42 probed a host of recent incidents to trace the pattern in perpetuating financial frauds in high-profile startups, involving founders, investors, and auditors While auditors and investors seem to be partly responsible for the financial mess, a clean-up mechanism has been put in place to rein in fraudulent...