Health-tech AI Startup, mfine appoints N S Viswanathan as CFO

Bengaluru: mfine, a health-tech AI startup has announced the appointment of N S Viswanathan as the company’s Chief Financial Officer with immediate effect. In this new role, Vishwanathan will be heading the finance function and will also be driving the company’s strategic initiatives while also being a part of the company’s leadership team. He is expected to play an important role in expanding the hospital network of mfine and introducing new healthcare services and products in partnership with the hospitals across the country.

N S Viswanathan has over twenty five years of financial experience with some of the most recognizable in the healthcare sector. He has been a key member to drive the finance strategy for high-growth companies, doing fund-raise both Public and Private and Debt across Banks and NBFCs. Most recently, Vishwanathan served as the CFO for CARE group of Hospitals and then as a Financial Advisor and CFO for Sunshine Hospitals, Hyderabad. Prior to that, he spent five years leading the accounting and finance team of GVK Biosciences, a contract research services company and then as a CFO for Neuland Laboratories, an API manufacturing service provider, and bulk drug manufacturing company.

The appointment comes at a time when mfine is rapidly growing its hospital network across the country, and building its AI technology. Recently, mfine raised $17.2 Million in Series B and aims to be one of the largest virtual hospitals in the world with services across primary care, secondary care and chronic care management. In the next 12 months, mfine will bring together India’s top 250 hospitals, from 10 cities with more than 2500 doctors onto its virtual hospital platform.

Commenting on his appointment, N S Viswanathan, CFO, mfine mentioned, “I am very excited to be part of mfine’s leadership team and growth plans. As mobile technology and AI continues to disrupt the healthcare sector, very few companies are positioned as well as mfine to fundamentally transform the lives of millions of people by providing quality on-demand healthcare service. I look forward to bringing my experience to the company and overseeing the finance and business strategy efforts to drive further growth.”

In his comments, Ashutosh Lawania, Cofounder, mfine stated: “Vishwanathan’s decades of experience and strong background in finance and healthcare made him the perfect fit for the company. We are pleased to welcome Vishwanathan to our team, where he will have an immediate impact through his deep domain knowledge and proven financial leadership experience. He joins us at an ideal time as we prepare the company to transform the healthcare delivery in India through cutting-edge technology.”

mfine was founded in February 2017 by Ashutosh Lawania (Myntra co-founder) and Prasad Kompalli, a former business head at Myntra. The founders were later joined by Ajit Narayanan, ex-Myntra CTO, Arjun Choudhary, ex-Myntra head of growth marketing. The Health-tech startup has raised over $24 million to date and has over 275 employees in Bengaluru & Hyderabad.