Chose growth over profitability: Core Diagnostics founder on acquisition by Metropolis Healthcare
Live MintNew Delhi, Jan 7 India has several venture-backed startups for whom the natural consequence is to have an exit, and between profitability and growth in the journey ahead, "we opted for the latter", Zoya Brar, founder of Core Diagnostics, which was recently acquired by Metropolis Healthcare, said. Metropolis Healthcare, one of India's leading diagnostics chains, acquired specialised diagnostics company Core Diagnostics for ₹246.8 crore last month. Core Diagnostics, which started operations in 2012, offers a wide range of diagnostic tests and procedures and was founded "with the mission to make cancer diagnosis accessible for all". Reflecting on the deal, Brar said Core Diagnostics was looking more at growth rather than sticking to profitability.