Oncology platform Karkinos raises Rs.110-Cr from Tata Group: report

Mumbai-based oncology platform Karkinos Healthcare has raised INR 110 crore from the Tata Group. The Tata group plans to invest about INR 35 crore immediately and put in the rest of the capital in tranches, for a minority stake in the company. Karkinos, founded by former Tata employees R Venkataramanan and Ravi Kant along with former BCCI Chief Operating Officer Sundar Raman, also has medical entrepreneur Shahvir Nooryezdan and Avanti Finance COO, Manish Thakkar as its co-founders. Karkinos is focussed on addressing clinical needs through a digitally enabled distributed network, that aims to bring quality care closer to patients in cancer care.