Rajasthan-based Karma Healthcare raises investment from Ennovent Impact Investment Holding

Monday, June 1, 2015

Ennovent Impact Investment Holding on Monday said it has invested an undisclosed in Rajasthan-based healthcare provider Karma Healthcare. The company had earlier raised money from Ankur Capital.

Ennovent Impact Investment Holding, which is a member of the Ennovent Circle, says this investment in Karma is the ninth facilitated by the Ennovent Circle – a group that collaborates to accelerate innovations for low-income markets – since its launch three years ago. It is also the fifth investment made by Ennovent’s Impact Investment Holding.

Headquartered in Udaipur, Karma Healthcare is a technology-based rural healthcare provider which began operations in January 2014. Karma is in business of setting up chain of rural health centres which provide web enabled patient doctor consultations, face-to-face doctor consultations and medicines to patients. Currently Karma operates four rural healthcare centers and has served over 6000 patients.

Source: Economic Times (link opens in a new window)

Health Care
healthcare technology, impact investing