Friday, March 29

Tag: Portea Medical

Venture debt firm Alteria Capital Backs Portea Medical
FUNDING

Venture debt firm Alteria Capital Backs Portea Medical

Health Vista India, which owns and operates home healthcare service provider Portea Medical has raised funds amounting to Rs 25 crore in a funding round. This round was led by venture debt firm Alteria Capital.The development has come days after Bengaluru-based Portea stated that it had introduced specialised and critical care services, including critical care at home, respiratory services, sleep apnea care, palliative care, cancer support services, post-trauma care, specialised rehab services and end-of-life care.“They (Alteria Capital) are quick to understand the needs of the business and are long-term partners. Venture debt is a great alternative source of capital for high-growth businesses like Portea,” Meena Ganesh, chief executive officer of P...