202213 Jan

Health-tech firm HCAH raises Rs 112 cr from Singapore-based ABC World Asia - Times of India


New Delhi, Jan 13 (PTI) Health-tech firm HCAH (formerly HealthCare at HOME) on Thursday said it has raised Rs 112 crore from Singapore-based private equity fund ABC World Asia. HCAH will invest in its technology and data capabilities to improve efficiency, build scale and develop better products, he said, adding the company would be well capitalised and be keen to find acquisitions to accelerate its mission. Srivastava said HCAH has handled nearly 10 lakh patients with almost 97 per cent recovery rate during the pandemic and worked closely with the governments of Delhi, Punjab and Karnataka to deliver services at scale. ABC World Asia Chief Impact Officer Sugandhi Matta said the COVID-19 pandemic has further highlighted the need to augment the conventional hospital-centric healthcare model with convenient and clinically focused care outside of the hospital. "We look forward to supporting HCAH as it continues on its mission to enhance access and quality of healthcare in India," Matta said.

Source: Indiatimes