
SCIINV Biosciences inks pact with UK- based Microbira Ltd
SCIINV Biosciences, a Hyderabad-based biotech startup incubated at ASPIRE BioNEST, University of Hyderabad (UoH), has announced a strategic partnership with Microbira Ltd, a UK-based biotechnology firm on Wednesday. The collaboration aims to develop and deploy next-generation digital diagnostic solutions to strengthen India's fight against antimicrobial resistance (AMR).
'This initiative is a crucial step in curbing inappropriate antibiotic use through timely pathogen detection. Such targeted interventions are fundamental in our fight against drug resistance,' said Prof. Pallu Reddanna, senior professor (retd.), School of Life Sciences. Infectious diseases specialist Ranga Reddy Burri said combating AMR requires affordable, accessible, and reliable diagnostics. CEO of Microbira Ltd, Marianne Ismail, CEO of ASPIRE BioNEST Anil Konda Reddy and SCIINV Biosciences Krishna Burri were also present, said a press release.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Hindu
4 hours ago
- The Hindu
Cognizant to invest $183 million for new India campus, add 8,000 jobs
Software services firm Cognizant Technology Solutions will invest ₹15.82 billion ($182.76 million) to build a new campus in the southern Indian city of Vishakapatanam that will create about 8,000 jobs, the State Government announced on Friday (June 20, 2025). Commercial operations will begin in March 2029, an Andhra Pradesh Government press release said. Cognizant did not immediately respond to a request for comment. The announcement comes just months after India's top IT firm, Tata Consultancy Services, unveiled plans for ₹13.70 billion campus in the same city, and is expected generate 12,000 jobs. The move aligns with Cognizant's strategy to optimise real estate costs. In May 2023, Chief Executive Ravi Kumar S. said the company would relinquish 11 million square feet of office space globally, mainly in India's largest cities, while investing in tier-2 Indian cities. Globally, IT companies, including those in India's $283 billion sector, are taking cost-cutting measures such as monetising real estate assets and delaying wage increases amid demand uncertainty. Last month, the Teaneck, New Jersey-based company raised its annual revenue forecast and beat first-quarter results driven by increased demand for AI-powered IT services. Cognizant expects 2025 annual revenue between $20.5 billion and $21.0 billion, compared to previous outlook of the midpoint of $20.30 billion to $20.80 billion. ($1 = 86.5625 Indian rupees)


Time of India
5 hours ago
- Time of India
Former Y Combinator investor Arnav Sahu joins Peak XV
Arnav Sahu has joined Peak XV as the first investment partner after a four-year stint as principal at startup accelerator Y Combinator . Confirming the news on X (formerly Twitter), Sahu said he has joined Peak XV in Bay Area, California, as a partner. 'YC changed my life trajectory. It's been a fun and intense few weeks at Peak XV. We've invested in some special YC startups in SF and globally. Lots more to come.' — arnavsahu341 (@arnavsahu341) In his earlier role at Y Combinator, Sahu was involved in growth investing efforts from seed funding to Series D stage. He has been associated with firms like ScaleAI, Replicate, Zepto, Luminai, Vanta, Rippling, among others, as an investor, according to information on his LinkedIn. Entering the new role, Sahu will make investments as part of a new San Francisco-based team. Since 2023, Peak XV has been trying to establish itself as a standalone identity after the Sequoia spin-off. Live Events The move aligns with a significant push to establish itself in the US, where it was unable to compete for deals due to its franchise partnership with Sequoia, ET reported in April. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories In a career spanning over 12 years, Sahu has led investments at firms including Y Combinator's Continuity Fund, Spark Capital, and Blackstone. He had also founded AI-search startup Wolfia and led projects for App Dynamics and Cisco. In April, Peak XV Partners made headlines as it planned its first independent fund with a target corpus of $1.2–1.4 billion. The top deck restructuring is an effort to make deals in the booming AI-sector, and help its startups collaborate in the US. Since 2006, the venture capital firm — which has backed new-age companies such as Razorpay, Oyo and Truecaller, in addition to traditional businesses such as Prataap Snacks, Five Star Business Finance and Indigo Paints — has realised almost $6 billion in cash through exits from both public markets and private transactions.


The Hindu
5 hours ago
- The Hindu
‘Traditional eating habits being sidelined'
Kozhikode-based Paristhithi Samrakshana Samithi organised a discussion on 'The Chemistry of Food' at the Police Club on Friday ( June 20, 2025). Deliberating on the topic, Unnikrishnan Nambeesan, a retired professor, said that traditional eating habits had been sidelined. 'The Western world has historically set the standards,' he explained, citing how traditional ingredients like coconut oil were once labelled unhealthy. His lecture also explored the chemical composition of food. 'Phytochemicals are naturally occurring compounds that provide nutritive benefits,' said Mr. Nambeesan, highlighting the scientific links between food and disease prevention.