Home care startups have been bringing in serious capital in recent years, both in the United States and abroad. India in particular has been a hot market, and a closer look reveals that while the country is different from the U.S. in some key regards, some of the same factors–including demographics, industry fragmentation and mobile […]
Portea Medical
A global venture investment group of a wireless technology company is investing an undisclosed amount in India’s growing provider of home health care. Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, has made an investment in India’s Portea Medical. Portea Medical has an 18-city network, and CEO and Co-Founder Meena Ganesh has said in […]
A New Delhi-based home health care provider is looking to raise $30 to $40 million this year to expand its network in 50 Indian cities over the next two years. Portea Medical Pvt Ltd, says the company is focusing on increasing mobile phone penetration and internet connectivity to help expand its footprint, in a news […]