Other Private Equity/Strategic Investments
US-based Mayo Clinic invests in cancer care platform Karkinos
US-based Mayo Clinic has picked up a minority stake in Mumbai-headquartered, oncology-focused Karkinos Healthcare. Mayo Clinic will nominate a member on the Board of Karkinos. Karkinos has previously raised funding from Ratan Tata, Venu Srinivasan, Kris Gopalakrishnan, Ronnie Screwvala, Vijay Shekar Sharma, and Bhavish Agarwal. The Tata Group has invested INR 110 crore in Karkinos while Rakuten Medical, the global clinical stage biotechnology company, and Reliance Digital Health, a subsidiary of Reliance Industries, hold minority stakes. Karkinos is pioneering the Distributed Cancer Care Network model in India addressing clinical needs of cancer patients.
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