Docs join hands to set up hospitals in small towns

Lack of organised funding, like private equity and venture capital, has prompted doctors to increasingly come together to begin hospitals in tier-II and-III cities.

India needs INR 60,000 cr by 2013 in healthcare

India needs an investment of up to INR 60,000 crore (INR 600 billion) over the next five years to meet demands in the healthcare sector alone, according to a consultancy firm Feedback Ventures.

AyurVAID to set up hospitals in tier II cities, metros

Kerala-based AyurVAID hospitals will be setting up six hospitals in the coming year in tier II cities and metros, with an equity investment of INR 4.5 crore, provided by a non-profit venture fund Acumen, US.

Investing in Healthcare : Vishwa Chandra, Tejus Sawjiani, Singularity Ventures, India

Interview

NEWS REVIEW – INDIA

[This article was published in the January 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

News

NEWS REVIEW – BUSINESS

[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

News Review

Trivitron to set up INR 2.5 billion medical tech park

Chennai-based medical technology company Trivitron Medical Systems Pvt. Ltd. will get a funding of USD 11 million (INR 433 million) from ePlanet, a venture capital and private equity firm and wholly owned subsidiary of the HSBC Asian Ventures Fund 2 Ltd.

NEWS REVIEW – BUSINESS

[This article was published in the October 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

News

Norwest to Venture Beyond IT to Healthcare and Retail in India

Kurt L Betcher, administrative partner and chief financial officer of Norwest Venture Partners (NVP), and his colleague and general partner Robert B Abbott were recently in India.

Betcher’s focus was on the logistics of setting up and running an office in India, while Abbott, was looking for investment opportunities in the country, beyond the realm of technology that NVP had so far restricted itself to.