E-MediWorld, a Hyderabad-based healthcare technology solutions (including maintaining electronic medical records) provider with operations in the US, is planning to raise about Rs 30 crore through private equity (PE) to fuel its expansion plans.
“We are planning to expand our presence in eight countries and are in advance stages of negotiations with a couple of private equity investors. The PE proceeds will be utilised for developing solutions for gynaecology, ENT and gastroenterology, scaling up our data centre in the US, besides setting up data centres in India and Singapore within the next three months, which will be manned by six professional each,” Bheshaj Joshi, chief executive officer of E-MediWorld, said in a press release on Saturday.
Launching PD-RMS (peritoneal dialysis remote monitoring system), which operates the platform for effective interactions among nephrologists, clinical head, clinical coordinator and the patients on the web in Hyderabad, Joshi said the new platform will enable real-time access to the doctor and the mother unit, round the clock access to procedure and prescription history, safe and secure data to maintain privacy, besides being easy and simple to use.
“The platform has been successfully tested on over 100 patients in India and the response has been positive. We are planning to replicate the concept in Southeast Asia, Thailand, Japan, Hong Kong, Singapore, Mexico and the US by the end of this year,” he said, adding the company was hopeful of registering Rs 100-crore turnover with this product over the next two years.
