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Serum Institute chief picks up 20 percent stake in Wakau
![Serum Institute chief picks up 20 percent stake in Wakau Serum Institute chief picks up 20 percent stake in Wakau](https://medicaldialogues.in/h-upload/2021/04/23/750x450_151548-144908-serum-institute-of-india.webp)
New Delhi: Serum Institute of India (SII) Chief Adar Poonawaalla has picked up a 20 per cent stake in Wakau Interactive, a short-video sharing platform and a subsidiary of JetSynthesys, for an undisclosed amount.
Poonawalla joins superstar Amitabh Bachchan as Wakau's league of investors. Financial details of the transaction were not disclosed.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751