Kotak Invests in Cellogen Therapeutics

Mumbai, May 18 (PTI) Kotak Alternate Asset Managers on Monday said it has invested Rs 20 crore in NATCO Pharma-backed Cellogen Therapeutics.

The investment has been made through Kotak Life Sciences Fund I (KLSF-I), which typically invests in early- to growth-stage life sciences and healthcare businesses. Cellogen will use the funds to advance its CAR'T clinical programmes, expand its gene therapy pipeline, and strengthen manufacturing, a release said.







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*Damroo raises Rs 5 crore from Hindustan Times



Music streaming platform Damroo on Monday announced a Rs 5 crore fund raise from Hindustan Times.

The funding will support the platform's efforts to scale artist development, audience growth, monetisation, and industry support initiatives, according to a statement.