Latest news with #ayurvedic
United News of India
2 days ago
- Health
- United News of India
Global validation of ayurveda through research is need of hour: Ayush Minister
New Delhi, July 14 (UNI) Minister of State for Ayush, Prataprao Jadhav, today stressed the importance of advancing scientific research in Indian traditional medicine, ayurveda, aligning with Prime Minister Narendra Modi's vision. He said: 'Promotion of research must remain our foremost priority. Through rigorous scientific inquiry, the efficacy of our traditional systems can be established globally. The Government has already authorized ayurvedic practitioners to perform 39 surgical procedures and 19 additional operations, thereby strengthening the integrative approach to healthcare.' The Minister was speaking at the Shalyacon 2025, the 3rd national conference on Shalya Tantra to mark Sushruta Jayanti at an event organised by the All India Institute of Ayurveda (AIIA), under the Ministry of Ayush, an official statement said. Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, highlighted India's leadership in combining ayurveda with technology, including AI-driven platforms like the ayush master application, indigenous chatbots, and integration with WHO-led AI initiatives. 'Ayush is also advancing AI applications with tools like indigenous chatbots, a unified Ayush Master Application, and integration of over 22 digital platforms such as AHMIS, Ayush e-LMS, Ayush Research Portal, and Namaste Yoga App among others,' he said, according to the statement. The event, jointly organised with the National Sushruta Association, saw participation from over 500 experts, including surgeons, scholars, and students from India, Nepal, and Sri Lanka. UNI AJ SSP
Mint
09-07-2025
- Business
- Mint
360 ONE eyes bets on Walko, Kapiva in $30-40 million funding talks
Mumbai: 360 ONE Asset is evaluating investments in several consumer-facing startups, including NIC Ice Creams maker Walko Foods and ayurvedic wellness brand Kapiva, multiple people familiar with the matter told Mint. The funding rounds being discussed range between $25 million and $40 million and could also involve participation from existing investors, the people said. Kapiva is in talks to raise $40-50 million in a fresh funding round that may include a secondary component, allowing early investors to exit. The company has attracted interest from multiple investors, including 360 ONE. Walko, meanwhile, is negotiating a $30-35 million round with 360 ONE and other investors to support its expansion plans. Last month, the company acquired Mumbai-based artisanal dessert brand Meemee's for an undisclosed sum, marking its entry into the premium dessert segment. To be sure, negotiations with both companies are still ongoing, and the final deal structure could change. However, 360 ONE is expected to be the new incoming investor in these rounds if they materialize. 'Fundraising is aligned with our long-term growth strategy and ongoing pursuit of business growth. As these progress, we'll be better placed to share future plans. Walko's strong 45–50% YoY growth is strengthened further after acquiring MeeMee's. The next strategic step is to scale this brand nationally," a spokesperson for Walko said. 360 ONE declined to comment, while Kapiva did not respond to Mint's queries. Both Kapiva and Walko raised capital in the past year. Kapiva secured about $10 million from existing investors in September, while Walko raised $20 million from Jungle Ventures in February 2024. 360 ONE Asset, which manages over $3 billion across its venture capital and private equity platform, has stepped up its dealmaking activity in recent months. The firm has launched several sector-focused funds, including a ₹500 crore early-stage fund, a ₹5,000 crore secondaries fund, a pre-IPO fund, a healthcare-focused private equity fund, and others targeting financial services and technology. It also plans to roll out a consumer-focused fund soon. 'We have launched these funds as we believe there is a lot of depth in the kind of opportunities we are seeing today. There is immense scope for good returns as exit strategies evolve for new-age companies. We also have the ability to offer expertise, and another way to think about the depth in the market is to have the right size of funds chasing those companies," Abhishek Nag, strategy head of early-stage VC at 360 ONE Asset, told Mint in May. He added that the firm is positioned to support companies from the idea stage all the way to IPO.
