Televital to expand presence in India with a global strategy
16 June 2005
Hyderabad: TeleVital, an integrated telemedicine and e-health technology solutions company, has announced expansion plans in India under its global strategy.
Promoted by Kumar Malavalli, chairman, and Ravi Amble, the CEO, TeleVital currently employs 20 people in India and is set to increase its headcount in India to 150 during the year.
With an initial investment of $3 million, TeleVital is currently in the process of raising another round of funding. The company is investing in next generation product development that will focus on issues of inter-operability of health data interchange and standards to gain entry into newer markets in the USA, UK, Europe, China, Africa, Australia and the Middle East. In India, TeleVital plans to have a marketing presence in Mumbai, New Delhi and Chennai initially.
TeleVital''s presence in the US and Indian market spans a period of over three years. The company has it has implemented over 180 turnkey installations and is at present the leading telemedicine and e-health company with an installation base spanning five countries. In India, TeleVital works with Indian Space Research Organisation (ISRO) under the mission to promote quality healthcare in rural India.
Says Amble, "By increasing our R & D presence in India we would be in a position to improve the efficiencies of our solutions and also reach out to the Indian healthcare providers as a market for our products and solutions. Making it a huge success here in India would directly relate to TeleVital''s success in other developing and developed world."
TeleVital claims to be the only company that offers integrated electronic patient medical record and real-time telemedicine software modules with unique auto-recognition and configuration architecture It says that while a patient is being evaluated, all the test data is made available in real-time to authorised healthcare providers located anywhere in the world, and simultaneously and automatically stored in the patient''s electronic medical record, which also contains the physician''s diagnosis and other medical and demographic information.