The company runs clinics in rural Rajasthan and provides basic curative health access to specialized doctors.
Ankur Capital has announced its investment in Karma Healthcare, an Udaipur based rural health provider. The company runs clinics in rural Rajasthan and provides basic curative health access to specialized doctors through telemedicine and direct face to face doctor contact.
“Ankur is excited to be working with Karma and bringing quality care to rural populations. We believe that models like Karma have a role to play in unlocking value in the largely untapped rural health space,” said the press statement.
Kamakshi Rao, Senior Investment Director, Ankur Capital, said, “We see Karma as an exciting early business model. Karma's combination of doctors reaching patients through the internet as well as through face-to-face interactions while generating sustainable cash flows has potential to affect health delivery in rural areas. At Ankur we are committed to developing models that can have far reaching effects on affordable and quality medical care to rural populations who may be used to quick fixes offered by quacks."
Kamakshi is an investment professional with over 16 years of investment experience. She earned her undergraduate degree from Harvard University and her Master's degree from University of Pennsylvania, and has qualified as a Chartered Financial Analyst.
She worked at The Capital Group, an investment management company based in Los Angeles from 1994 to 2010. She invested in listed equities in a wide range of industries across Asia, Europe, the Middle East and Africa, and was a Senior Vice President at the time of her retirement in 2010. Kamakshi also serves on the board of Larsen & Toubro Financial Holdings Ltd.