Advertisement

Karkinos Healthcare Receives Investment For Development Of Innovative Healthcare Solutions

Investment with representation on Board of Directors, technical know-how transfer

Karkinos Healthcare, a technology-driven, oncology focused managed health care platform, today announced that Mayo Clinic has invested a minority stake in the company, subject to certain conditions precedent. Mayo Clinic will also nominate a member on the Board of Directors of Karkinos as part of this agreement. 

Karkinos Healthcare, which is pioneering the Distributed Cancer Care Network model in India has Ratan Tata, Venu Srinivasan, Kris Gopalakrishnan, Ronnie Screwvala, Vijay Shekar Sharma, and Bhavish Agarwal amongst its set of investors. The Tata Group is investing Rs. 110 crore in Karkinos while Rakuten Medical, the global clinical stage biotechnology company, and Reliance Digital Health, a subsidiary of Reliance Industries, hold minority stakes. Venture Capital fund Endiya Partners also has a stake in the company.

Karkinos is pioneering the Distributed Cancer Care Network model in India addressing clinical needs of cancer patients. The company works with multiple healthcare institutions and professionals in the oncology ecosystem, successfully bringing care closer to patients backed by a robust technology platform. Karkinos already offers its services in Kothamangalam, Chottanikkara, Thodupuzha, Munnar locations across Ernakulum and Idukki Districts, in Kerala and is planning to ramp up its operations across India. The company is also setting up a Cancer Centre in Jawaharlal Nehru Institute of Medical Sciences (JNIMS) premises at Imphal, in partnership with Government of Manipur.


Tags assigned to this article:
Karkinos healthcare solutions

Advertisement

Around The World

Recent

Neuherbs’ New Product Rebranding Initiative Highlights Innovation Led And Solution-Based Curations

The leading Indian nutraceutical brand plans to invest 10 Crore in its R&D ...

Invest In Our Planet With Our Energy-Saving Tips

Global warming is caused by human activity mainly due to release of greenhouse gases like carbon dioxide when we burn fossil fuels like coal, oil and ...

Don't Let A Jet Lag, Lag You Behind

Symptoms include insomnia, excessive sleeping, daytime fatigue, dizziness , vertigo, headache, lack of appetite, constipation of diarrhoea and mood ch...

5 Tips To Create A More Inclusive Team Environment

As the legendary management consultant Peter Drucker once said - Culture eats strategy for breakfast...

Apollo Hospitals Integrates Cardiovascular Risk Tool With ConnectedLife Digital Wellness Solutions

The clinical integration was demonstrated during the online event to announce the collaboration...

A Long History Of Mental Illness

A podcast with Andrew Scull, Distinguished Research Professor in the Department of Sociology, University of California San Diego, by Neeta Misra, Exec...


Quick Connect With BW Wellness

Subscribe Our Newsletter