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Narayana, Which Serves India’s Poor, Going Public
All eyes are on the IPO of Narayana Hrudayalaya, the Bangalore-based affordable healthcare chain founded by India’s best-known cardiac surgeon Dr. Devi Shetty, which opens tomorrow. Dr. Shetty, 62, pioneered inexpensive cardiac surgeries by creatively and efficiently driving down costs, thus putting life-saving surgeries within the means of thousands of poor Indians. That is particularly noteworthy in a country where healthcare is mainly delivered by as-yet small number of private healthcare operators while the government spend on healthcare is a scant 1.1 % of the GDP – compared with 18% in the United States.
- Categories
- Health Care
- Region
- South Asia
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Drugmakers Launch Cut-Price Versions of Type 2 Diabetes Medicine
Costing a fraction of the brands sold by global organisations and their local affiliates, medical experts say the strengthening trend of new, low-priced drugs with fewer side effects may fundamentally change the way the disease is treated.
- Categories
- Health Care
- Region
- South Asia
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Remittance Platform for Healthcare Services Takes Off in India
With over 22 million non-resident Indians (NRIs) sending $76 billion annually to support their family’s financial needs back home, India is by far the largest remittance market in the world.
- Categories
- Health Care
- Region
- South Asia
- Tags
- remittances
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Bill Gates | 2016 Will Be the Year of Financial Inclusion
Bill Gates describes himself as a technologist, business leader, and philanthropist. More recently, he was called the most generous man in the world.
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- Uncategorized
- Region
- South Asia
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In India, healthcare is still a seller’s market
Devi Prasad Shetty, chairman, Narayana Hrudayalaya Ltd, talks to Ashish K Tiwari about the overall healthcare scenario in India, key concerns, and how his company is working towards providing affordable healthcare to the common man.
- Categories
- Health Care
- Region
- South Asia
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A Telemedicine Innovation Is Preventing Blindness in Babies
Every sighted child that is born premature and weighs less than two kg faces a risk of lifetime blindness: a chilling fact that is known to few outside the select community of paediatric retinal surgeons. All that is needed to stop the blindness is screening and a specialised laser operation. But there is next to no awareness on that.
- Categories
- Health Care, Technology
- Region
- South Asia
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Fintech’s Five Emerging Powerhouse Markets Are At A Crossroads
Accenture has warned local banking communities in Asia to wake up: It took just nine months for investment in the region’s non-banking fintechs to quadruple from 2014’s $880 million to $3.5 billion.
- Categories
- Investing, Technology
- Region
- South Asia
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Indian Microlender SV Creditline Gets $8M From Blue Orchard
Delhi-based microfinance firm SV Creditline Pvt Ltd (SVCL) said on Friday it has raised $8 million (Rs 52 crore) in funding from global impact investment manager Blue Orchard.
- Categories
- Uncategorized
- Region
- South Asia
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