Healthcare based research company Cytespace in partnership with former Fortis Healthcare group CEO Vishal Bali today announced the launch of Medwell Ventures — a pan India healthcare delivery platform and specialty home healthcare company.
The promoters expect to invest $ 15-20 million in this business over the next 3-5 years.
“We have successfully closed the initial round of funding from the promoter group and expect to invest $ 15-20 million in this business over the next 3-5 years,” Medwell head by Farzaan Engineer told reporters here.
The company also announced the acquisition of Bangalore-based Nightingales Home Health Services, a company with over eighteen years experience in home health care.
Medwell plans to expand services of Nightingales with a specialty home healthcare focus on pulmonary, cardiology, metabolic diseases, neurological health, orthopaedics, geriatrics, rehabilitation and post operative surgical site management, the company officials said.
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