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AI makes mark in drug discovery in India; start-up Peptris raises $1 mn - Vimarsana News

AI makes mark in drug discovery in India; start-up Peptris raises $1 mn

The process of discovering and developing a new drug can take decades and costs hundreds of millions or even billions of dollars. However, technological advances like artificial intelligence can help speed up and transform the time-consuming and labor-intensive exercise. In India, Peptris Technologies, a Bangalore-based AI drug discovery company, has announced $1 million in pre-seed round investment led by Speciale Invest.

Source: rediff.com
Zephyr Peacock, Speciale Invest, India Alternatives lead early-stage rounds in four platforms - Vimarsana News

Zephyr Peacock, Speciale Invest, India Alternatives lead early-stage rounds in four platforms

Four tech startups from different sectors – BatX, Kapture CX, Peptris Technologies, HouseEazy - have raised early-stage funding, the companies announced Tuesday. BatX Battery recycling startup BatX ......

peptris funding: Drug discovery startup Peptris raises $1 million funding from Speciale Invest, others - Vimarsana News

peptris funding: Drug discovery startup Peptris raises $1 million funding from Speciale Invest, others

Using advanced AI, Peptris sifts through large data sets to identify and develop potential drug candidates quickly and cost-effectively, reducing lab testing time, the company said.

FirstCry to file IPO papers soon; BharatPe to raise Rs 500 crore debt - Vimarsana News

FirstCry to file IPO papers soon; BharatPe to raise Rs 500 crore debt

Omnichannel retailer FirstCry aims to raise $500-600 million from its public listing and is likely to file its draft IPO papers in the next few days. This and more in todays ETtech Top 5.