Artificial intelligence-based healthcare startup Cloudphysician said it has appointed Mandar Vaidya as its India chief executive officer from June.
Bengaluru-based Cloudphysician is a full-stack tech and operations company that partners with hospitals to manage patients in their intensive care unit and emergency departments.
Vaidya brings more than two decades of experience of driving global businesses. He moves from hospitality chain Oyo, where he was the regional CEO, leading multiple geographies outside of India (Europe, SE Asia, Middle East, and Japan).
“By leveraging advanced technology for more precise diagnosis and treatment, we will deliver the best possible outcomes for patients,” Vaidya said. “Together, we will strive to set new benchmarks in healthcare and transform care delivery in hospitals.”
Vaidya is also an independent director on the board of drugmaker Cipla. He has been a partner at McKinsey & Co., where he led the healthcare practice in Asia and developed strategies for hospitals and pharmaceutical companies.
Cloudphysician recently raised $10.5 million in a Series A funding round led by Peak XV Partners, with participation from Elevar Equity and venture debt firm Panthera Peak.
Discover the stories of your interest
“The healthcare landscape in India is evolving and there is a significant opportunity for tech-enabled solutions to establish sustainable models of care delivery. Mandar’s industry expertise, insights, and execution focus will help drive our mission forward, enabling us to reach more patients and hospitals,” said Dhruv Joshi and Dileep Raman, cofounders of Cloudphysician. “His experience and strategic approach to business development will help establish us as the preferred critical-care partner, helping us expand our tech-driven solutions to over 5,000 hospitals.”
Cloudphysician has empowered partner hospitals to see up to a 40% reduction in their ICU mortality rates with 24/7 AI-enabled clinical support. It has helped manage care for more than 100,000 ICU patients across more than 200 hospitals.
