Portea Medical to raise $37.5 million
Advertisement
With an objective to bring primary healthcare at the doorstep, Portea Medical is reportedly raising $37.5 million from venture capital funds. The sum will be directed to expand the online healthcare service provider’s reach across 24 cities in India and the region including Malaysia.
The company plans to hire an additional 5,000 employees over the next 18 months, taking its headcount to 8,000 by 2016 in line with its growth plans across the region. The company currently has over 40 hospitals as partners and a network of referring physicians across the country.
Portea's medical staff, including doctors and nurses visits about 60,000 patients a month in 24 cities across the country.
According to IFC's venture capital head in South Asia Pravan Malhotra, Portea's model of providing affordable and quality care for patients in their homes ensures that hospital infrastructure and beds can be utilised for critical cases and procedures.
Besides offering attendants and physiotherapists, the company provides lab samples and medical equipment on hire, bringing healthcare services to a patient's doorstep.
The company plans to hire an additional 5,000 employees over the next 18 months, taking its headcount to 8,000 by 2016 in line with its growth plans across the region. The company currently has over 40 hospitals as partners and a network of referring physicians across the country.
Portea's medical staff, including doctors and nurses visits about 60,000 patients a month in 24 cities across the country.
According to IFC's venture capital head in South Asia Pravan Malhotra, Portea's model of providing affordable and quality care for patients in their homes ensures that hospital infrastructure and beds can be utilised for critical cases and procedures.
Besides offering attendants and physiotherapists, the company provides lab samples and medical equipment on hire, bringing healthcare services to a patient's doorstep.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.