Ratan Tata, Tiger Global an NVP Invests $10.2 Million in Healthcare

Ratan Naval Tata is the leading businessman in India. He is also an investor, humanitarian and also the chairman Emeritus of Tata Sons. He was the chairman of Tata group which is one of the Mumbai based clustered in the year 1991 to 2012.

About Ratan Naval Tata, Tiger Global and NVP:

On December 28, 2012 he became the chairman of the Tata group, but he continues in the post of chairman for the Groups charitable trust.  Charles Coleman was the founder of the Tiger Global Management who was one of the Tiger Cubs. Tiger cubs are those who worked under receiving funds for the individual hedge. NVP is the successful company for investing more in the companies in India and US.

The team has the brilliant entrepreneurs to construct the best company. Nexus Venture Partners is a team with sensual and direct the entrepreneurs. To construct the market for the leading companies it is better to look for the customer satisfaction.

Invest in health care start-up Lybrate by Tata Company:

Tata sons chairman Emeriyus Ratan Tata combined with (NVP) Nexus Venture Partners and Tiger Global Management has invested $10.2 million in health care start-up Lybrate. The US based company provides a Computer and mobile for connecting doctors and patients. In the year 2013 it was founded by the professionals from the Face book and Snap deal and the company grow up to $1.2 million in the month of August.

People because of their busy schedule there is no time for visiting the doctors instead they consult chemist which is very dangerous. Saurabha Arora the CEO of Lybrate told that it is also seen in the place where the availability of the doctors is also more. So it creates the necessity for connecting the doctors and the patient. And the company planned a lot to develop the required products, technology, funds, and scale operations.

This plan is made with 80,000 doctors and more than one lakh visitors daily. And the ‘Health Feed’ application is there which provide tips that are recommended by the doctors for an ideal user. By using these patients’ details is maintained secretly and the doctors and the patient communication are private. And Lybrate charge fee for consultation and also collect a reasonable charge for the regular user.

This platform deals with women’s health, sexual health and mental problems especially depression. The main use of this application is Indians should talk about the health issues and should follow the recommended instructions.

Pallavi Tiple writes news on industry, businesses, technologies, media, and current affairs and also produces the content on daily basis regarding latest trends, markets, promotions, and events for Medical Device News. She enjoys reading and painting in her leisure time.

She can be reached at pallavi@medicaldevicenews.net