Latest news with #Kamineni
Time of India
01-07-2025
- Business
- Time of India
Apollo Hospitals to spin off digi health, pharmacy business
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: Apollo Hospitals Enterprises (AHEL), the country's largest listed healthcare chain, and its subsidiary Apollo HealthCo have decided to demerge their omnichannel pharma and digital health businesses (24x7 telehealth business ) into a new entity that garners nearly $2 billion in annual revenues - already a record for India's fragmented drug-retailing industry. The business will be separately listed composite scheme creates a formidable omnichannel pharmacy distribution and digital health platform leader in India, with scale of Rs 16,300 crore ($1.9b illion) of revenue in FY25, with stated plans to achieve Rs 25,000 crore revenue by FY27, on an ebidta - or operating - margin of about 7%.By the arrangement, the new entity will get automatically listed in about 18 to 21 months, after regulatory approvals, AEHL said. Each shareholder of AHEL will be entitled to 1,952 shares of the new shares, with a market capitalisation of about Rs 1.04 lakh crore, slid about a percentage point Monday on the NSE to Rs 7,238 move by Dr Prathap Reddy-led company will create India's largest omnichannel pharmacy platform and distribution business as the plan of the composite scheme also provides for the amalgamation of Keimed, India's leading wholesale pharma distribution arm of the flagship Hospitals said Monday the new business will comprise Apollo 24/7, the digital health platform, the offline pharma distribution of AHL, the third-party pharma distribution of Keimed, and telehealth services of combination of businesses is anticipated to generate substantial promoter family holding in the new company will be approximately 36.5%. A statement from the company said that Apollo Hospitals proposes to unlock value through strategic re-organisation, enabling direct listing of its omnichannel pharmacy and digital health Kamineni, who is the chairperson of Apollo HealthCo, will be the executive chairperson of the new entity. The promoter family will be represented on the board of directors."The NewCo will focus on deepening customer penetration and experience through an integrated healthcare platform and enabling cross synergies between AHL and NewCo," according to sources aware of the development. "Looking ahead, this presents a significant opportunity for the group, with a potential customer funnel of over 100 million individuals into the Apollo healthcare universe," the statement noted.
Time of India
24-06-2025
- Health
- Time of India
AI can transform India's healthcare sector: Apollo's Shobhana Kamineni
Shobhana Kamineni , executive chairperson, Apollo Hospitals , told ET how AI can transform India's healthcare sector more deeply than others 'We don't have enough doctors, nurses, or healthcare facilities. But we have enough people who are tech-enabled and can be upskilled,' said Shobana Kamineni, executive chairperson of Apollo HealthCo and promoter director of Apollo Hospitals. The veteran executive, the daughter of Prathap C. Reddy, the founder and chairman of Apollo Hospitals , referred to Nobel Laureate Demis Hassabis saying no invention in the world will happen without AI in future. 'So, the next vaccine or the ability to cure the disease will be AI-based because it's so much faster, it crunches so much more data.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo Although digital penetration in India remains a challenge, Kamineni pointed out that AI is no longer defined by an app, and telemedicine is just a phone call away. 'It's just a phone call to an AI system which can do the consultation and quickly send the summary to the doctor. And 80% of India's population have access to basic phones today.' She pointed out that India's demographic challenges, combined with its digital readiness, make it an ideal testbed for AI-driven healthcare models . Live Events 'We're not going to solve the problem with brick-and-mortar hospitals. We're going to solve it with smart devices and intelligent infrastructure,' she said, noting Apollo's strategy of pushing AI across both clinical and non-clinical workflows. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The veteran executive, who is spearheading the healthcare giant's digital and AI-first initiatives across diagnostics, patient engagement, and hospital operations, said GenAI is enabling 7,000 Apollo doctors to improve productivity by 50%-85%. 'I can handle my 1 million patients a day with the help of technology.' She emphasized the need for ethical deployment and better regulation around patient data usage and AI safety, particularly in sensitive contexts like oncology, mental health, and chronic disease management. 'We must make sure that the data that's being used to train these models reflects the Indian genome and disease profile. That's a gap today. We cannot simply use models trained on Western populations and assume they will work here.' Kamineni also said Apollo is investing in AI-enabled doctors' assistants, remote diagnostics, and decision-support tools for clinicians to improve turnaround times and reduce burnout. 'Imagine a junior doctor who can consult an AI assistant for a differential diagnosis, or a nurse who gets real-time alerts on patient vitals before a critical event. That's not the future. It's already happening.' On the macro level, she called for public-private collaboration in creating a national AI-health data backbone - one that respects patient privacy but enables research and innovation at scale. 'This is not about competition, it's about cooperation. If India gets this right, we can build the most inclusive and efficient healthcare system in the world.'
