• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
SUBSCRIBE
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Reliance Digital Health invests in Ratan Tata backed oncology-focused startup Karkinos

Balraj by Balraj
December 27, 2021
in Business, India News, Startups, Tech
0
Karkinos Healthcare official logo

Karkinos Healthcare ©

215
SHARES
3.6k
VIEWS
TwitterWhatsappLinkedin

Reliance Digital Health has invested an undisclosed sum in Karkinos Healthcare, an oncology-focused managed healthcare platform.

You might also like

CosMc’s, a McDonald’s spinoff restaurant, unveils its whole menu

US Congress Allocates Billions for EV Chargers, Builds Zero: What Went Wrong?

Lucid Makes Air More Accessible, Unveils New Electric SUV for 2024

Karkinos Healthcare official logo
Karkinos Healthcare ©

Ratan Tata and the Tata Group have personally invested in the Mumbai-based startup, alongside other major angel investors which include Vijay Shekar Sharma, Bhavish Aggarwal, Venu Srinivasan, Kris Gopalakrishnan, and Ronnie Screwvala. Rakuten Medical, a global clinical-stage biotechnology firm based in San Diego, California, also owns a minority stake in the oncology-focused startup.

The salt to software conglomerate Tata Group recently invested Rs 110 crore in Karkinos’ technology-driven oncology-focused managed healthcare platform which engages in the detection and diagnosis of common cancers. It also partners with several other healthcare institutions and professionals through a distributed cancer care ecosystem to bring cancer care sufficiently close to the patient’s home by decoupling delivery from knowledge systems of care.

On Sunday, Reliance Industries Ltd. (RIL) in a statement announced its undisclosed investment in Karkinos through its subsidiary Reliance Digital Health for a minority shareholding in the startup. The announcement also resulted in the plunge of 1 percent in RIL’s shares early trade on Monday.

Venkataramanan R, CEO of Karkinos Healthcare, commented on the fundraising, saying, “We are overwhelmed with the support received from leading business groups and personalities from corporate India.” Adding further he said, this funding once again acknowledges Karkinos’ groundbreaking approach of distributed cancer care and the potential impact it may have on the country.

Although headquartered in Mumbai, Karkinos Healthcare now operates only in Kerala, with services offered in four locations — Chottanikkara and Kothamangalam in Kerala’s Ernakulam district, and Munnar and Thodupuzha in Kerala’s Idukki district. It also has plans to expand its operations across the country.

The company, which was incorporated in July 2020, is also establishing a cancer control center on the campus of the Jawaharlal Nehru Institute of Medical Sciences in Imphal, Manipur. The word Karkinos means cancer elimination, as ‘kark’ refers to cancer and ‘nos’ means elimination in Hindi.

Karkinos Healthcare co-founders and senior management members are mainly ex-Tata group employees, including R Venkataramanan, the ex-Managing Trustee of Tata Trusts, and co-founder Ravi Kant, a former Managing Director and Vice-Chairman of Tata Motors. Its other co-founders are Dr. Shahvir Nooryezdan, a dentist and founder of Equinox Medical Technologies; Moni Abraham Kuriakose surgical oncologist; Sundar Raman, the Group Medical Director and the CEO of Karkinos Kerala; Manish Thakkar, the COO of Avanti Finance – the fintech company founded by Ratan Tata and Nandan Nilekani; Sripriya Rao is another COO, Raja Sekhar Kommu is the CTO; Venkataramani Suresh, CBO and Manish Sharma, co-founder and the CPO of the company.

Tags: Bhavish Aggarwalhealthcarehealthtech startupKarkinos HealthcareRatan TataReliance DigitalReliance IndustriesVenkataramanan RVijay Shekar Sharma
Tweet54SendShare15
Balraj

Balraj

Balraj writes about Startup, Business, Technology related news on Techstory... For Business Enquires related to TechStory; Get in touch on: info@techstory.in...

Recommended For You

CosMc’s, a McDonald’s spinoff restaurant, unveils its whole menu

by Samir Gautam
December 9, 2023
0
CosMc

Fans of McDonald's have good news: there's not much longer to wait to sample CosMc's, the chain's newest offshoot. The firm's second-quarter results conference in July saw the...

Read more

US Congress Allocates Billions for EV Chargers, Builds Zero: What Went Wrong?

by Ashmita Maria
December 9, 2023
0
US Congress Allocates Billions for EV Chargers, Builds Zero: What Went Wrong?

In a significant development in the realm of electric vehicles (EVs), the U.S. Congress's ambitious plan to invest $7.5 billion in building a nationwide network of EV chargers...

Read more

Lucid Makes Air More Accessible, Unveils New Electric SUV for 2024

by Ashmita Maria
December 9, 2023
0
2024 Lucid Air

With major changes to its Air sedan and the release of the much awaited Gravity SUV in 2024, Lucid Motors is set to create waves  in the electric...

Read more
Next Post
Precautionary measures taken during the surge of COVID-19 cases

CES 2022 - What to expect from world's largest electronics expo?

Leave a Reply Cancel reply

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

Copy Protect PDF, MP3, MP4 and more, with Nexcopy USB Duplicator Systems .

Related News

How To Beat Escape from the Castle Claymount

How To Beat Escape from the Castle Claymount

December 2, 2023
How To Redeem Codes in Fortnite

How To Redeem Codes in Fortnite

December 5, 2023
Blooket

How to hack blooket

September 30, 2022
How to Get Ashenvale Mount Season of Discovery

How to Get Ashenvale Mount Season of Discovery

December 5, 2023
ARK Invest Reduces Exposure in Cryptocurrency Market, Sells $33M of Coinbase Shares and $5.9M of Grayscale Bitcoin Trust

ARK Invest Reduces Exposure in Cryptocurrency Market, Sells $33M of Coinbase Shares and $5.9M of Grayscale Bitcoin Trust

December 6, 2023
How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

August 28, 2023

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at info@techstory.in

BROWSE BY TAG

#Crypto acquisition AI amazon android Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk entrepreneurship Ethereum facebook flipkart funding Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT Russia Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trending twitter uber whatsapp

© 2023 Techstory Media Pvt Ltd

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2023 Techstory Media Pvt Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?