Laurus Labs biotech unit raises Rs 120 crore from Eight Roads Ventures

Laurus Bio has secured ₹120 crore in equity investment from Eight Roads Ventures and F-Prime Capital, with Laurus Labs co-investing ₹40 crore. This funding will expand Laurus Bio's fermentation-based manufacturing to meet growing demand for its animal-free proteins and growth factors used in various industries.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/Upxzye2
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