Indian drug makers are launching affordable generic Semaglutide, the active ingredient in popular weight-loss drugs. Sun Pharma, Lupin, and Torrent Pharma are identified as potential market leaders. Despite initial stockouts online, companies are adjusting supply. The market for these diabetes and obesity drugs is expected to grow significantly in India.
Accel-backed Rentomojo files for India IPO
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.