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$20.0m

Growth Equity VC
Total Funding000k
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More about Portea Medical
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Portea Medical, established in 2013, operates as a provider of in-home healthcare services across India, addressing the market's need for accessible medical care outside of traditional hospital settings. The company was co-founded by Meena Ganesh and Ganesh Krishnan, along with Vaibhav Tewari, Arun Kumar, Manjusha Anumolu, and Zachary Jones. The founding vision, inspired by the personal experiences of Meena and K Ganesh, was to deliver professional and high-quality medical attention to patients, particularly the elderly and those with chronic conditions, within the comfort of their homes. Meena Ganesh, a serial entrepreneur with previous ventures like TutorVista, brought extensive experience in business and technology to her role, which was instrumental in shaping the company.

The company's business model is service-based, generating revenue primarily through fees for its healthcare services. This multi-pronged revenue model includes direct service fees for doctor consultations, nursing care, and physiotherapy, as well as income from the rental and sale of medical equipment. Portea also establishes strategic partnerships with hospitals for post-hospitalization care, insurance providers for cashless services or reimbursements, and corporations for employee wellness programs. This approach targets both individual consumers (B2C) and institutional partners (B2B), creating a diversified and stable income stream.

Portea offers a comprehensive suite of services designed to cover a wide spectrum of healthcare needs. These services include doctor consultations, nursing, physiotherapy, trained attendant care, lab tests, critical care, elder care, mother and baby care, and the rental of medical equipment. By delivering these services directly to a patient's residence, the company aims to reduce hospitalization costs and improve recovery times. A key milestone was achieved in March 2024, when the company announced it had conducted over 10 million appointments at patients' homes since its inception, serving over a million patients across more than 40 cities in India. The company has leveraged technology to develop a platform that assists its providers in following standardized procedures, accessing diagnostic tools, and maintaining patient records, thereby ensuring operational efficiency and consistent quality of care.

Keywords: home healthcare, in-home medical care, physiotherapy at home, nursing care at home, doctor consultations at home, medical equipment rental, chronic disease management, post-operative care, geriatric care, elder care, palliative care, at-home lab tests, healthcare services India, telehealth, patient-centric care, post-hospitalization care, corporate wellness programs, medical services, healthtech, home nursing services

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Investments by Portea Medical

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Health Mantra
ACQUISITION by Portea Medical Mar 2016
Medybiz Pharma
ACQUISITION by Portea Medical Nov 2015