Healthcare

Indian Institute of Technology Delhi has received a significant philanthropic contribution of Rs. 75 crore from alumnus Anant Yardi, founder of Yardi Systems. The funding is aimed at strengthening advanced research in artificial intelligence while also supporting infrastructure modernization initiatives. A substantial portion will be allocated to the Yardi School of Artificial Intelligence, reinforcing IIT Delhi’s position as a leading innovation hub.

CureBay has acquired the pharmacy distribution business of Saveo Healthtech, strengthening its position in India’s healthcare delivery ecosystem. The acquired business operates a technology-driven B2B pharmaceutical supply network, serving more than 10,000 retail pharmacies across southern India. This strategic move enhances CureBay’s ability to ensure consistent and affordable medicine access, particularly in underserved regions.