Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 21 2018

Alteria Capital invests Rs 25 crore in Portea Medical parent

The funds raised will be used by Portea to add new verticals and improve service offerings.

Alteria Capital invests Rs 25 crore in Portea Medical parent

Venture debt firm Alteria Capital has invested Rs 25 crore in Bengaluru-based healthcare services venture Healthvista India Pvt Ltd, which provides home healthcare services under the Portea Medical brand.

The funds raised will be used by Portea to add new verticals and improve service offerings besides acquiring talent, growing in present geographies and expanding to newer markets.

Meena Ganesh, CEO of Portea, said, "They (Alteria Capital) are quick to understand the needs of the business and are long-term partners. Venture debt is a great alternative source of capital for high-growth businesses like Portea."

Vinod Murali, Managing Partner, Alteria Capital, stated, "Affordable, convenient healthcare at home is a great value proposition which is relevant not just for the Indian market but other emerging markets as well."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Others Food Service
    Affordable lebanese fast food chain started in centeral india with..
    Locations looking for expansion Chhattisgarh
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Raipur Chhattisgarh
  • Kitchen
    Heritage of over 80+ years currently present across 10 Outlets..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Imitation/Art/Junk Jewellery
      Home Based & Brand Store Franchise business in Exclusive Handmade..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 50000 - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty ..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Haveli Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities