Profile Details
Arunima Patel
MD
iGenetic Diagnostics
After completing her engineering degree in Electronics & Communications, Miss Patel did an MBA at the Indian Institute of Management, Ahmedabad (IIMA).
She started her career with multinationals like Prudential Insurance and IBM. She then joined the healthcare investment team of private equity firm Actis, where she was instrumental in Actis’s investment into Sterling Hospitals.
It was during her stint at Actis that she realized the need for and scope of molecular testing services, an activity that was at nascent stages in India then.
She then started iGenetic from scratch with a commitment to provide quality diagnostics in Tier II and III cities and rural areas at affordable prices. She was instrumental in attracting investment from marquee investors such as Manipal Education & Medical Group and CDC, which is the UK government’s private equity arm. Before MEMG and CDC, she raised Rs 6.5 crore from high-net-worth individuals.
Miss Patel has been rightly selected by Forbes India to be one of the women power trailblazers for the year 2018.
In the near future, she plans to take iGenetic to greater heights, and the company will continue setting new benchmarks in the diagnosis of serious issues such as critical care infections, cancer, infertility, neurology, and others. iGenetic has already earned the stature of being the only diagnostics company in India that can deliver a septicemia (infection of the blood) test report within 24 hours. With a mission to touch a billion lives through the services of her company, Miss Patel plans to take iGenetic’s presence to Sri Lanka, the Middle East, and other neighboring countries.
She is socially inclined and is personally contributing to several NGOs. Education in the country and skills are areas dear to her, and she is involved with two foundations—Skills Foundation, which is building and managing schools for remote areas in Bihar, and Adharshilla, which funds and manages schools in Madhya Pradesh.
When she is not working, she is globe-trotting, being an avid traveler. She is also passionate about health and runs and cycles every day in her free time.
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