VIVO Healthcare Inks Large Investment From Springboard Ventures

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Updated: September 23, 2015 6:45:33 PM

VIVO Healthcare (“VIVO”), India’s leading healthcare training and education company, today announced that it has received a large investment from Springboard Ventures, the strategic investment arm of Bennett Coleman & Co Ltd (“BCCL”).

VIVO Healthcare (“VIVO”), India’s leading healthcare training and education company, today announced that it has received a large investment from Springboard Ventures, the strategic investment arm of Bennett Coleman & Co Ltd (“BCCL”). The investment is designed to strengthen VIVO’s marketing and distribution reach through access to BCCL’s stable of leading publications, television and digital media, which reach over 200 million consumers across South Asia. “We believe that our partnership with Springboard has the potential to transform the healthcare education landscape”, said Shakti Singh, Managing Director and Co-Founder of VIVO Healthcare. As part of the deal, BCCL has picked up an undisclosed stake in VIVO Healthcare.

VIVO’s emphasis on healthcare career training and certification, and skill development is riding on the fast growing healthcare markets across South Asia and the Middle East and their need for quality trained manpower. VIVO is developing a network of training centres in key healthcare hubs in India and has also recently opened its first centre in the UAE.  Besides career trainings, VIVO has extended its training programs to address the growing market for health & safety education in schools, corporates and other niche segments such as the adventure sports communities.

Springboard is the investment arm of BCCL, which owns India’s leading publications such as the Times of India and Economic Times newspapers amongst a whole host of other radio, television and digital media platforms.  Springboard is renowned for identifying the next big idea and transforming asset light businesses into super brands.  “In VIVO, we found the right idea, and the right partners that can create a dominant brand in the healthcare education space”, said Rajesh Sharma, Director BCCL and National Head, Springboard.

About VIVO Healthcare

As a leading healthcare training and education company, VIVO offers best in class job-oriented programs to help launch careers and improve the quality of healthcare infrastructure in the country. VIVO programs are accredited by various respected organizations in the field of healthcare and are recognized by some leading employers in the medical sector. Besides job-oriented programs, the company also offers health, safety and life support training programs for corporates, schools and healthcare providers. VIVO also offers ambulance services for select clients. To know more please visit us at www.vivohealthcare.com

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