Thyrocare Expands Reach with Polo Labs’ Pathology Business

Mumbai-based diagnostic and preventive healthcare service provider Thyrocare today announced that it has acquired the pathology diagnostic business of Mumbai startup Polo Labs. The purchase of a majority stake is part of Thyrocare objective to able reach in Northern India.

API Holdings acquired Thyrocare on Jun 25, 2021 for $613M and has raised a total of $63.6m in funding to date…

Polo Labs (a pathology laboratory in north India) is the 2nd largest lab chain known to provide affordable, wide accessible diagnostic services Majorly having a presence of more than “14 Laboratories across different cities” including Rajasthan, U.P, Punjab, Haryana, Himachal & J&K.

Platform Hash Code Built By Arash Patyal To fulfil the quality standards and demands of its customers, the lab uses advanced, compliant &technology instrumentations.

The acquisition is in line with the overall business strategy of Thyrocare that aims to pass onto its customers superior diagnostic capabilities and coverage across India.

Thyrocare is a fully automated diagnostic laboratory which mainly focus to deliver quality reports at affordable costs in India and other countries. It was founded by Arokiaswamy Velumani. The Mumbai based company has a presence in over more than 2000 cities across India and globally