AI health startup Cloudphysician, a full-stack tech and operations company that partners with hospitals to manage patients in their ICU and Emergency departments, announced the appointment of Dr. Mandar Vaidya as CEO-India, effective June 2024.
Mandar brings a wealth of experience to the role, having spent over 20 years leading successful businesses around the world. At McKinsey & Co., Dr. Vaidya used his expertise to develop growth strategies for hospitals and pharmaceutical companies in Asia. This experience will be invaluable for Cloudphysician as they work to better serve their partner hospitals and expand their reach across India.
Mandar served as a regional CEO at OYO for four years. During this time, he oversaw growth in several regions outside India, including Europe, Southeast Asia, the Middle East, and Japan. He achieved this success by leveraging technology to drive profitable and significant expansion. In other words, he helped OYO scale globally from its Indian roots. Additionally, Mandar currently serves as an independent director on the board of Cipla Limited.
Mandar brings over 20 years of experience in fostering growth and innovation for global companies. This expertise will be valuable for Cloudphysician, a company that recently secured $10.5 million in funding (Series A) led by Peak XV Partners. Other investors included Elevar Equity and Panthera Peak. With this funding, Cloudphysician aims to make high-quality intensive care accessible, scalable, and affordable for hospitals worldwide. Essentially, Mandar’s leadership and
Speaking on the appointment, Dr Dhruv Joshi and Dr Dileep Raman, co-founders at Cloudphysician, said, “With Mandar joining our team, we are entering an exciting new phase in our growth journey. The healthcare landscape in India is evolving and there is a significant opportunity for tech-enabled solutions to establish sustainable models of care delivery. His industry expertise, insights, and laser-like execution focus will help drive our mission forward, enabling us to reach more patients and hospitals. His rich experience and strategic approach to business development will help establish Cloudphysician as the preferred critical care partner, helping us expand our tech-driven solutions to over 5,000 hospitals. We believe his leadership will accelerate our vision of transforming critical care delivery and setting new standards in healthcare, ultimately improving outcomes and saving lives on a larger scale.”
Mandar who has also extended an investment in Cloudphysician in addition to joining as CEO commented, “It has been inspiring to witness Cloudphysician’s remarkable journey. The fact that they have achieved a 40% reduction in their ICU mortality rates was what stood out to me. I am excited to take this kind of impact to every hospital across India. I am thrilled to join hands with Dhruv and Dileep who have led the movement of building a streamlined approach to high-acuity care. This is a career-defining opportunity for me to further build and lead a transformative team. By leveraging advanced technology for more precise diagnosis and treatment, we will deliver the best possible outcomes for patients. Together, we will strive to set new benchmarks in healthcare and transform care delivery in hospitals.”
Cloudphysician is making a big difference in critical care. It’s building a large network of virtual critical care experts, with the latest technology and top-notch medical teams. This innovative approach is helping hospitals improve patient outcomes. Over 1 lakh critically ill patients across 200 hospitals have benefited from Cloudphysician’s support. Hospitals have seen up to a 40% reduction in ICU mortality rates thanks to Cloudphysician’s 24/7 AI-enabled clinical support. The ultimate goal is to make sure everyone has access to high-quality critical care.
