Health Financing/Insurance

PremjiInvest puts US$ 20 mn in HealthCare Global

HealthCare Global Enterprises Ltd said on Monday PremjiInvest, a fund sponsored by Wipro’s Azim Premji, has invested US$ 20 million in the company. Healthcare Global manages a network of 10 cancer care centres across India. “The investment would enable us (to) ramp up fast across various geographies besides enhancing our core research initiatives and bring cutting-edge technologies,” HealthCare Global’s Chairman and CEO Ajai Kumar said in a statement. PremjiInvest’s chief investment officer, Prakash Parthasarathy and Bobby Mustafa have been inducted into the board of HealthCare Global, the company added.

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