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Arokiaswamy Velumani on why he sold Thyrocare and what's next

Healthcare

28 June, 2021

Arokiaswamy Velumani on why he sold Thyrocare and what's next

About five years ago, struck by a personal tragedy, Arokiaswamy Velumani, the Coimbatore born scientist and founder of Thyrocare Technologies, ......

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Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

Healthcare

30 October, 2020

Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

When Nalanda Capital bet on Thyrocare Technologies Ltd in March, the private equity-style investor in public equities was likely enticed ......

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Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Healthcare

11 September, 2020

Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Thyrocare Technologies Ltd, which has been led since 1995 by founder Arokiaswamy Velumani, is set to get a new chief ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

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COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Healthcare

06 April, 2020

COVID-19 tests to be small part of biz, won't delight investors: Thyrocare founder

Last month, the Indian government allowed some accredited private labs to test coronavirus samples. The move was seen as a ......

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Nalanda sniffs opportunity in coronavirus outbreak, makes first-ever healthcare bet

Healthcare

26 March, 2020

Nalanda sniffs opportunity in coronavirus outbreak, makes first-ever healthcare bet

Nalanda Capital, an India-focused private equity-style investor in public equities, has bought a minority stake in a diagnostics services provider ......

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Coronavirus: Pathology chains wait on the sidelines, device makers gear up

Healthcare

16 March, 2020

Coronavirus: Pathology chains wait on the sidelines, device makers gear up

The number of confirmed coronavirus cases (COVID-19), which was declared a pandemic by the World Health Organization (WHO) last week, ......

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Sector Watch: How PE-backed regional pathology chains stack up versus national peers

Healthcare

09 March, 2020

Sector Watch: How PE-backed regional pathology chains stack up versus national peers

A few months after Thyrocare Technologies Ltd made a spectacular debut on stock exchanges, its founder A Velumani predicted that ......

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Diagnostics firms shouldn't fear price controls: Panellists at VCCircle summit

Healthcare

11 October, 2019

Diagnostics firms shouldn't fear price controls: Panellists at VCCircle summit

Diagnostics companies must focus on providing good-quality services and building sustainable business models instead of worrying about government moves to ......

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Diagnostics firms should still get fair valuation in IPOs: Thyrocare's Velumani

Healthcare

16 November, 2018

Diagnostics firms should still get fair valuation in IPOs: Thyrocare's Velumani

Thyrocare Technologies Ltd had made a spectacular debut on the stock exchanges two years ago. But its share prices have ......