Ashish Kacholia Invests in TechInvention Lifecare
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Ace investor Ashish Kacholia invests in TechInvention Lifecare Ltd to fund vaccine manufacturing facility in Navi Mumbai.
New Delhi, Dec 5 (PTI) Ace investor Ashish Kacholia has invested in TechInvention Lifecare Ltd, a vaccine-focussed biotechnology company headquartered in Mumbai.
The investment is to primarily fund the company's upcoming modern manufacturing facility in Navi Mumbai, a statement said without disclosing the amount of investment.
The facility is designed to scale up and manufacture vaccines.
Kacholia said he is supporting TechInvention in getting life-saving, innovative vaccines commercialised and reach millions across India and beyond.
Syed S Ahmed, Founder and CEO of TechInvention Lifecare Ltd, said Kacholia's participation is an assurance of the advancement of "our manufacturing facility project titled Global Collaborative Centre for Medical Counter Measures".
The investment is to primarily fund the company's upcoming modern manufacturing facility in Navi Mumbai, a statement said without disclosing the amount of investment.
The facility is designed to scale up and manufacture vaccines.
Kacholia said he is supporting TechInvention in getting life-saving, innovative vaccines commercialised and reach millions across India and beyond.
Syed S Ahmed, Founder and CEO of TechInvention Lifecare Ltd, said Kacholia's participation is an assurance of the advancement of "our manufacturing facility project titled Global Collaborative Centre for Medical Counter Measures".
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