Portea Medical to invest $20 million to enter 32 cities by 2015 end.

Home healthcare services provider Portea Medical plans to invest $ 20 million (over Rs. 120 crore) to expand its footprint in India across 32 new cities by the end of 2015.

The Bangalore-based firm is at present in 18 cities, including Chennai, Delhi and NCR, Mumbai, Pune, Hyderabad and Kolkata. It is looking to hire 5,000 people during the period.

'We would be investing $ 20 million for expansion in 32 cities by end of 2015. Our aim is to be present in 50 cities in India that have a population of more then 10 lakh,' Portea Medical Co-Founder & Chairman K Ganesh told PTI.


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