India’s leading healthcare training and education company VIVO Healthcare has received a strategic investment from ICCO Investments, the investment arm of Netherlands-based ICCO Cooperation, to expand its footprints in various emerging markets, a media report said.
“This round of investment by Capital 4 Development (A Fund managed by ICCO Investments) follows an earlier investment by Springboard Ventures, a unit of Bennett, Coleman & Co Ltd. We expect many new avenues of growth with ICCO coming on board,” the Economic Times quoted VIVO founder Shakti Singh as saying.
By investing in VIVO, ICCO has expanded its investment portfolio in the healthcare and education sectors in the South and Central Asia region.
“In VIVO we found a strong platform for impacting the healthcare ecosystem, skill development and job creation”, said Mark Joenje, CEO, ICCO Investments.
In India, VIVO runs around sixty training centres in thirteen states, providing training to paramedics, technicians and allied health workers.
VIVO centres offer career oriented programmes including creating emergency medical technicians, dialysis technicians, general duty assistants and X-ray technicians. The Haryana-based company also offers health and safety and first responder programmes for schools, corporates, and public sector organisations as well as up-skilling programmes for doctors and nurses.