Private Investor

Arokiaswamy Velumani

Investment Details

Investor Type
Private Investor

Asset Class Focus
Healthcare, Technology

Stage Focus
Seed, Early Stage, Growth

Geographical Focus
India, Middle East, Bangladesh, Nepal

Industries Focus

  • Technology
  • Healthcare
  • Energy
  • Pharmaceuticals
  • Medical Devices
  • Diagnostics
  • Mobile
  • Design
  • Electric Vehicles
  • Apps
  • Wellness
  • Health Diagnostics
  • Battery Technology
  • Medical Testing
  • Pharmacies

Investor Details Founded: 1996

Arokiaswamy Velumani is an Indian entrepreneur and scientist, best known as the founder of Thyrocare Technologies Limited, a leading diagnostic and preventive care laboratory chain headquartered in Navi Mumbai. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Arokiaswamy_Velumani?utm_source=openai)) He established Thyrocare in 1996, introducing a franchisee model that expanded its services from thyroid testing to comprehensive medical checkups and diagnostic blood tests. Under his leadership, Thyrocare grew to become the largest thyroid testing laboratory in India, with a network of over 1,000 outlets across India, Nepal, Bangladesh, and the Middle East. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Arokiaswamy_Velumani?utm_source=openai))

In addition to his work with Thyrocare, Velumani is the founder and managing director of Nueclear Healthcare Limited, a radiology diagnostics company offering cancer-related imaging services at reduced costs. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Arokiaswamy_Velumani?utm_source=openai)) He has also made personal investments in companies such as PharmEasy, a healthcare platform, and Simple Energy, an electric vehicle startup. ([crunchbase.com](https://www.crunchbase.com/person/dr-a-velumani?utm_source=openai))

Velumani's entrepreneurial journey is marked by his focus on frugality and cost-efficiency. He emphasizes the importance of managing costs to ensure business sustainability and has been recognized for his disciplined approach to building a successful enterprise. ([valueresearchonline.com](https://www.valueresearchonline.com/stories/223037/how-a-velumani-built-thyrocare-into-a-giant/?utm_source=openai))

Requirements
  • Seed-stage startups with significant growth potential
  • Companies with at least INR 5 crore in turnover
Contact

[Official Website Hidden]

[HQ Location Hidden]

[Email Hidden]

Portfolio Companies
  • PharmEasy
  • Simple Energy
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