Mukesh Ambani News / Ambani has another blast before the year ends, he bought this company

Before the year ended, Reliance Industries acquired tech-based healthcare platform Karkinos for Rs 375 crore. Karkinos provides tech solutions in early diagnosis and treatment of cancer. The company has partnered with 60 hospitals so far. Ambani's Reliance Health is a leader in innovation.

Vikrant Shekhawat : Dec 29, 2024, 07:00 AM
Mukesh Ambani News: There are still three days left for the year 2023 to end, and most companies are starting to work on their new year growth plans. But Reliance Industries, which has always been known for its aggressive strategy, has achieved a major milestone even before the year ends. Mukesh Ambani's company has acquired tech-based healthcare platform Karkinos for Rs 375 crore. This deal will not only strengthen Reliance's healthcare portfolio but will also give a new direction to the healthcare sector in India.

Transformation of healthcare with technology

Karkinos Healthcare Private Limited was established in India on 24 July 2020. The company mainly provides technology-based solutions for early detection of cancer and effective treatment at low cost. Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries, has acquired Karkinos.

The company has made several technological innovations to make cancer treatment simple and affordable. By December 2023, Karkinos has partnered with more than 60 hospitals. This initiative is not only a relief for the patients but will also further strengthen Reliance's credibility in the healthcare sector.

Good profits despite affordable treatment

The biggest feature of Karkinos' services is that it provides solutions for early detection and treatment of cancer at affordable rates. Despite this, the company has made good profits, which is proof that the right use of technology can not only make profits but also promote social welfare.

Other recent acquisitions

Just a few days ago, Reliance Industries bought a 45% stake in US company Health Alliance Group Inc. The deal was done for $10 million (about Rs 84.95 crore). Health Alliance Group mainly provides tech-based healthcare solutions for the poor and middle class.

New possibilities in healthcare

This strategy of Mukesh Ambani is giving a new dimension to India's healthcare sector. By combining technology and innovation, Reliance has shown that it is committed not only to economic growth but also to social change.

This acquisition will not only strengthen Reliance in the healthcare sector but will also provide advanced and affordable services to patients. This move shows that Reliance Industries will emerge as a major force in the healthcare sector in the future.