Comments
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.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.