Dr Mohan’s Diabetes Specialities Centre
The Chennai-based diabetes care provider, Dr Mohan’s Diabetes Specialities Centre, started scouting for PE funding a couple of years ago but finally received the funding in April 2017. Two investors viz., M/s. Lok Capital and M/s. Evolvence participated in the funding and the total investment was $10.23 million (around Rs 66 crore).
Utilising the funding: The majority of the funds are slated for growth capital. Said Dr V Mohan, chairman, Dr Mohan’s Diabetes Specialities Centre, “We raised funding to establish diabetes centres in various parts of the country where we lack presence at present. However, part of the funds would also be utilised for its ancillary concern, Dr Mohan’s Diabetes Health Care Products, for promoting new healthcare products for diabetes like diabetes friendly food products eg. Dr Mohan’s High Fibre white rice, brown rice and other products.
This story is from the October 2017 edition of Healthcare Radius.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 2017 edition of Healthcare Radius.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
SpOvum launches Al-powered platform to boost patient support in assisted reproductive technology
The platform offers personalized information based on individual ART-related concerns, drawing from reliable, indexed medical guides to provide fact-based, tailored answers.
Hearzap launches Al-powered Philips HearLink 50 miniRITE
The company is projected to expand across 250 stores by 2026 and envisions accessible and affordable hearing care across the country.
Red.Health launches Al-driven medical emergency platform
In medical emergencies, every second matters but the current emergency medical systems face many challenges
OmniActive acquires ENovate Biolife
The company aims to double its top line, targeting Rs 2,000 crores within the next 5 to 6 years from the present Rs 1,000 crores.
5-year-old fish bone removed from 61-year-old's abdomen
The patient had previously undergone an endoscopic procedure five years ago at another hospital to remove a fishbone, but the current one had likely been missed at that time.
Large brain aneurysm treated using advanced stenting method
Aneurysm is a bulge or ballooning in a blood vessel of the brain. It’s often described as looking like a berry hanging on a stem.
37-year-old pregnant woman treated for aggressive breast cancer
Given the complexity of her condition, the team worked closely to develop a treatment plan that would balance the needs of both mother and babies.
45-year-old treated with robotic-assisted hernia surgery
This surgery marks a significant milestone for Park Hospital, which has successfully completed 50 robotic-assisted procedures.
Healthium Medtech, Healthcare Sector Skill Council (HSSC) sign MoU to boost skill development in Indian healthcare
Healthium and HSSC will collaborate to deliver training programs aimed at skilling, reskilling and upskilling healthcare workers, enabling them to address evolving challenges in the field.
Advanced ambulance fleet launched for Maharashtra's emergency services
The announcement comes amid ongoing bilateral meetings between Prime Minister Narendra Modi and Prime Minister Pedro Sanchéz Perez Castejon of Spain.
