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Kamineni to Lead Apollo's New Healthtech Venture
24 Jun
Summary
- Shobana Kamineni will be executive chairperson of Apollo Healthtech.
- Apollo Healthtech is a new, soon-to-be-listed medical equipment unit.
- The appointment was announced by India's Apollo Hospitals Enterprise.
Apollo Hospitals Enterprise has revealed its intention to appoint Shobana Kamineni, a promoter director, as the executive chairperson of Apollo Healthtech. This new entity is focused on the development and manufacturing of medical equipment and is slated for an upcoming listing. The move signifies a strategic expansion by Apollo Hospitals into a dedicated medical technology arm. Kamineni's leadership is expected to guide Healthtech through its crucial initial phase as a separate listed company. This initiative underscores Apollo's commitment to advancing its presence in the medical equipment sector.
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