News

Webinar by Mr. Parveez Jameel

Apr 22, 2021

Department of Hospital Administration of Fr. Muller College Of Allied Health Sciences, Mangalore organized a Webinar on "Private Equity - Paradigm Shift In Healthcare" on 10.04.21 The resource person was Mr. Parveez Jameel, - Regional Head- Operations, Motherhood Hospitals & MHA Alumni on 10.04.2021.

This session was moderated by Miss Loveena Shettian. In simple words he explained us the meaning of private equity, in which the investors not only invest, but also act like mentors towards the growth and development of the organization, they also become part of the decision making.  There are two types. Private equity and venture capital. Venture capital is financing by the investors ethically for a startup company examples are Zomato, Bijju's App, Alibaba, Swiggy, Policy Bazaar - these are global companies who hit the 1 million mark. Whereas private equity runs companies and health care centers; one is KIMS by True North who invested 2000 million dollars, Cloud Nine by Matrix Partners, Sequoia India and TrueNorth, care hospital, Motherhood, by PPG - a Texa specific group which is the second largest in the world.

He concluded with clarifying the queries from the participants. If the management is clear about the progress and profit of the business, then we can take private equity funding for the startup and expansion otherwise it is not wise enough to go far later.

Dr. Sweta Dcunha HOD of MHA Department appreciated his contribution to the society as an alumni of this institution and thanked him for the effective session taken by him.