Focus Softnet Acquires Stake in Insta Health Solutions
With this new investment, Insta HMS will become an integral part of Focus Softnet's product line, thus allowing the company to have better influence over the development of customer centric solutions.
- (1888PressRelease) September 19, 2011 - Dubai, United Arab Emirates: Following its partnership agreement with Insta Health Solutions Private Limited last year, Focus Softnet is further expanding the scope of its healthcare IT solutions business in the region by acquiring a stake in the Banglore-based healthcare IT Company. The new investment is expected to strengthen Focus Softnet's product portfolio, thereby allowing Insta Healthcare Management System (HMS) to become an integral part of the Focus product line. The new relationship will also allow Focus Softnet to have a better influence over the development of customer centric solutions.
"At Focus Softnet, we have been continually looking to expand our vertical specific solutions portfolio. We began with the educational sector, wherein we developed our own education vertical solution called Focus ARMS. Next, we added warehouse management solutions to our product portfolio," explained Mr. Ali Hyder, CEO of Focus Softnet. "We felt that a comprehensive mid-segment health care solution was missing in the market. We found Insta Health Solutions fit for this vertical and hence we singed a partnership agreement with them last year. After successfully promoting Insta HMS for a year and from the feedback we received from the market, we felt it should become an integral part of our portfolio and hence we decided to invest in the company."
Insta Health Solutions Private Limited is a healthcare focused IT company, whose flagship product Insta HMS has helped many hospitals across India automate their processes and become more efficient at almost half the price of other available solutions in the market. The company is also one of the very few companies to offer hospital management software as a browser based solution.
The company's Insta HMS is an affordable and easy-to-use end-to-end hospital management solution, which helps hospitals streamline their healthcare services and boost overall operational efficiency. Insta HMS offers hospitals exclusive features such as fastest HMS implementation guarantee, lower total cost of ownership, faster maintenance and free upgrades and advanced electronic medical records management capability. Through the company's partnership agreement last year, Focus Softnet signed on Life Line Health Group as the first client in the region to deploy Insta HMS at their facilities. The companies also bagged few more orders including Children's Medical Centre and Al Mazroui Clinic.
"Focus Softnet has proven track record in marketing to mid-sized organisations and there is no one better than them in this category," added Mr. Ramesh Emani, Co-Founder and CEO, Insta Health Solutions Pvt. Ltd. "They have close to two decades of market experience and we couldn't have asked for better partner for ourselves. Insta also wanted to have long-term strategic partner in the international market. Keeping the market segment and technologies in mind, we found Focus Softnet perfect as partners. We expect to get majority of our revenues through this partnership in international market, while we concentrate sales within India."
About Focus Softnet:
Focus Softnet, which commenced operations in 1992, has a strong global presence with offices that deliver a comprehensive range of products and services. With its International Headquarter in Dubai Internet City and with offices across the G.C.C, Focus has a well established infrastructure and an excellent management team. The solutions developed by Focus Softnet are business driven technologies that have been developed in constant consultation with functional and management experts from the industry. Their wide range of products and the modules within them - help seamlessly integrate a wide range of customer requirements. These solutions minimize information bottlenecks and Focus Softnet is always at the clients' service to customise them in keeping with the organisations overall vision and strategy. Major markets of Focus are India, Middle East and Far East. In Middle East, Focus has 10 offices covering entire GCC, Iran and Yemen. Focus6 is the mid-market accounting solution with over 1500 customers in UAE and over 2500 customers in the Middle East. For further information on Focus Softnet, please visit http://www.focussoftnet.com
About Insta Health Solutions:
Insta Health is established in 2008 by industry veterans with experience in IT and Healthcare, with funding from Inventus Capital partners, USA. Insta Health is into HMS products exclusively with singular focus to provide easy-to-use and easy-to-implement HMS solutions for markets in Asia and Africa. Insta HMS has quickly become one of the top selling HMS products in India in a very short period of time. For further information, please visit http://www.instahealthsolutions.com
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