India Digest: Dr. Reddy's sells API unit; Spoonshot buys Brisky; Oyo's UAE foray

India Digest: Dr. Reddy's sells API unit; Spoonshot buys Brisky; Oyo's UAE foray

Dr. Reddy’s Laboratories Ltd. on Monday announced that it is selling its API manufacturing business unit located in Jeedimetla, Hyderabad, to Therapiva Private Ltd while Techstars-backed Spoonshot has acquired Hyderabad-based Brisky. Separately, Oyo has further expanded its global reach by launching operations in the United Arab Emirates.

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