Modern Family Doctor’s Naresh Malhotra on his new innings in the healthcare sector, fund raising and expansion plans
Modern Family Doctor (MFD), a chain of neighbourhood clinics and pharmacies set up by Naresh Malhotra -- a key person behind the success of now ubiquitous Cafe Coffee Day (CCD) and an operating partner at Sequoia Capital India – aims to bring back the traditional concept of family doctor to India. The Bangalore-based startup, which raised $2 million from the PE arm of US-based Silicon Valley Bank last year, claims to provide affordable primary healthcare services to lower-income middle class people in the urban population. Founded in July 2011, MFD competes with Bangalore-based NationWide Healthcare Services. The company...
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