Indian IPO

What makes Thyrocare a great business?

Posted by | Food for thought, Scuttlebutt | 9 Comments

What makes Thyrocare a great business? I probably first got to know about Thyrocare Technologies Limited (a company into Healthcare Diagnostic) through a 2010 ET article titled ‘PE firm buys 30% in Thryocare as comapany seeks to tap radiology segment‘ and later in 2012 when Thyrocare had second round of funding  ‘Norwest Venture Partners invests Rs 120 cr in Thyrocare‘ As I read more about the company I found some very interesting pointers: First Indian laboratory to have an IT enabled, 24×7, fully automated diagnostic laboratory Set up covering over 2,00,000 sq. ft. floor space (a centralized laboratory) that ensures error free processing of over 40,000 specimens and over 2,00,000 Clinical Chemistry investigations per night. (mind-boggling numbers..isn’t it?) The unmatched speed factor is achieved through a combination of air-cargo logistics and IT enabled, …

Read More