MAM
Telemedicine firm TeleVital to expand presence in India
BANGALORE: TeleVital, an integrated telemedicine and e-health technology solutions company, has announced its expansion plans in India under its global strategy. In India, TeleVital plans to have a marketing presence in Mumbai, New Delhi and Chennai initially.
TeleVital works very closely with the Government and Indian Space Research Organisation (ISRO) under the mission to promote quality healthcare in rural India.
With an initial investment of $3 million, TeleVital is currently in the process of raising another round of funding. TeleVital is investing in next generation product development that will focus on issues of inter-operability of health data interchange and standards to gain entry into newer markets in the USA, UK, Europe, China, Africa, Australia and the Middle East.
TeleVital‘s presence in the US and Indian market spans a period of over 3 years, and has implemented more than 180 turnkey installations. TeleVital is a Telemedicine and e-Health company with an installation base 5 countries. With over 20 installations in the private sector, TeleVital has the unique experience of implementing more than 80 telemedicine installations pioneered by the ISRO, including post tsunami in the Andamans.
Kumar Malavalli, chairman, and Ravi Amble, CEO, are the principal investors in TeleVital. TeleVital currently employs 20 people in India and is set to increase its headcount in India to 150 during the year who would focus on delivering high end R & D work to increase the efficiency of Televital‘s products and solutions, globally.
Chairman Malavalli said, “Today, the health care across the globe are going through many obstacles such as increased cost and lack of universal access. I am excited about the fact that TeleVital has been a pioneer in providing solutions in solving health care problems. I strongly believe that TeleVital with its technology and product offerings is poised to revolutionise health care.”
CEO Amble said, “India has become a critical component in Televital‘s strategy. By increasing our R & D presence in India we would be in a position to improve the efficiencies of our solutions and also reach out to the Indian healthcare providers as a market for our products and solutions. Making it a huge success here in India would directly relate to TeleVital‘s success in other developing and developed world.”
Brands
Aditya Birla Fashion & Retail reshuffles top deck; Nikhil Modha to take over as CFO
Phased transition sees Marco Agnolin head OWND!, Nikhil Modha lined up as CFO as company readies next growth leg
MUMBAI: Aditya Birla Fashion & Retail is redrawing its leadership map, lining up a new generation of executives across key roles as it prepares for its next phase of growth.
The company has named Suraj Bahirwani as chief executive (designate) of Pantaloons, effective April 1, 2026, with a full transition to the top role slated for October 1, 2026. He will also be designated as senior managerial personnel.
A two-decade veteran of the Aditya Birla Group, Bahirwani joined as a group management trainee in 2002 and has since held a string of leadership roles across retail and manufacturing. His resume spans stints at Aditya Birla Retail, a tenure as chief operating officer of Pantaloons, and most recently, head of global sales at the group’s cellulosic fibres business, where he drove international expansion and strengthened value-added portfolios.
Academically, he holds a PhD from the University of Mumbai, a postgraduate management diploma from SP Jain Institute of Management and Research, and is a chartered accountant. Over the years, he has picked up multiple chairman’s awards, including distinguished achiever, exceptional contributor and accomplished leader.
The transition at Pantaloons will be staged. Incumbent chief executive Sangeeta Tanwani will continue until September 30, 2026, steering the handover before moving into an advisory role to the managing director from October 1, 2026. She is set to retire on January 31, 2027, at which point she will step down as whole-time director and key managerial personnel.
Alongside, the company has brought in Marco Agnolin as chief executive of OWND! and senior managerial personnel, effective April 6, 2026. Agnolin arrives with over three decades of global experience, having held senior roles at Inditex, where he helped expand Zara in Italy, and later served as chief executive of Bershka and Diesel. His track record spans fast fashion, brand turnarounds and youth-focused retail.
On the finance side, Nikhil Modha has been appointed chief financial officer (designate) and senior managerial personnel from April 1, 2026. He will assume full charge as chief financial officer and key managerial personnel from January 1, 2027.
Current chief financial officer Jagdish Bajaj will oversee a phased transition until December 31, 2026, before retiring and stepping down from his roles.
The reshuffle signals a calibrated succession plan rather than a sudden overhaul, with the company staggering exits and appointments to ensure continuity even as it refreshes leadership across verticals.
As Aditya Birla Fashion & Retail juggles legacy brands and new-age formats, the message is clear: steady hands for the present, sharper ones for the future—and no pause in the push for scale.
