Comp-U-Learn To Have Majority Stake In DoctorsTime. Sets Sights On Better E-Governance Through JV

DoctorsTime Health Services Pvt. Ltd may soon have a new majority partner as BSE listed Comp-U-Learn Tech India Ltd is planning to procure 51% stake in the company.

DoctorsTime currently owns & operates a website by the same name that offers easy setting up of appointment with doctors & get timely alerts before one is due. Additionally, the website offers online record maintenance & retrieval. Health care is one of the sectors that will never see being snuffed out. Furthermore, technological advances are ensuring older & once incurable diseases are getting newer & more secure options for treatment. Quite recently we saw BSEL acquiring majority stake in Ojus Healthcare. A very similar venture & a very similar take-over bid! Surprisingly, Google had introduced Google Health wherein it allowed users to store their medical history, but that venture could not take-off for lack of mass adoption.

Apart from DoctorsTime, Comp-U-Learn is also entering in a Joint Venture (JV) with Hyderabad based e-governance company Sreeven Infocom Ltd. Both these companies will manage several e-governance projects including Aadhar Cards. Surprisingly, even Ojus healthcare is involved in similar initiatives. Since Aadhar card relies on biometric information, healthcare companies are striving to lend their helping hand. These companies might already have the relevant hardware at their disposal & hence could be looking to get additional usage out of their investment. While there are no specific details about the JV, Sreeven Infocom claims to be the first enrolment agency in India to successfully launch Aadhar project for AP Civil Supplies Department in Andhra Pradesh, under the guidance of UIDAI.

Apparently Comp-U-Learn has been spreading its wings inorganically, by making acquisition bids across myriad fields. So far it has successfully acquired over 5 companies including an USA based engineering company ECG Technology LLC.

While Aadhar project may certainly benefit from additional companies helping to build a database & hand-out cards, will the decentralization of data accumulation adversely affect the enrollment process?

Image Courtesy | compulearntech

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