Home » News » IFC to invest $7 million in Health Vista India

IFC to invest $7 million in Health Vista India

Healthcare provider Health Vista India Private Limited (Portea) will raise $7 million from International Finance Corporation (IFC) to fund its expansion.IFC

The company, promoted by Ganesh Krishnan and Meena Ganesh, is looking to raise $37 million to expand its heathcare services in India and South East Asia.

Portea’s existing investors include Accel Partners India, VenturEast and Qualcomm Ventures.

Established in November 2013, it is a home-based healthcare services provider. Portea works with individuals as well as hospitals, insurance companies and corporates to improve health outcomes by providing in-home care to geriatric, chronic, neo-natal and post-operative patients across 22 cities including Delhi, Bengalaru, Chennai, Hyderabad and Mumbai and two in Malaysia.

“IFC has the ability to support the company through its current and future growth plan through equity and debt investments,” said World Bank’s investment arm IFC.

Don't be shellfish...Share on FacebookShare on Google+Share on LinkedInShare on StumbleUponPin on PinterestTweet about this on Twitter

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Free WordPress Themes - Download High-quality Templates