Bengaluru-based AI healthcare startup Cloudphysician, a full-stack tech and operations company that partners with hospitals to manage ICU and Emergency department patients, has appointed Dr. Mandar Vaidya as CEO-India, effective June 2024. This announcement follows Cloudphysician’s successful raise of $10.5 million in a Series A funding round led by Peak XV Partners, with participation from Elevar Equity and venture debt firm Panthera Peak.

Dr. Vaidya brings over two decades of experience in driving global businesses and delivering transformative results. As a former partner at McKinsey & Co., where he led the healthcare practice in Asia, Dr. Vaidya developed strategies for hospitals and pharmaceutical companies, positioning him to help Cloudphysician serve partner hospitals effectively and drive growth across India. He aims to unlock opportunities to ensure high-quality intensive care is accessible, scalable, and cost-effective for hospitals everywhere.

Previously, Dr. Vaidya was the regional CEO at OYO for four years, leading multiple geographies outside of India, including Europe, SE Asia, the Middle East, and Japan. He successfully drove profitable and transformative growth in these markets through a tech-enabled approach, scaling operations from India for global markets. Additionally, Dr. Vaidya serves as an independent director on the board of Cipla Limited.

Cloudphysician stated that his extensive experience in driving growth and innovation for global companies over the last twenty years would help foster a long-term institutional approach within the company.

Dr. Vaidya, who has also invested in Cloudphysician in addition to joining as CEO, commented, “It has been inspiring to witness Cloudphysician’s remarkable journey. The fact that they have achieved a 40% reduction in their ICU mortality rates stood out to me. I am excited to take this kind of impact to every hospital across India."

"I am thrilled to join hands with Dhruv and Dileep, who have led the movement of building a streamlined approach to high-acuity care. This is a career-defining opportunity for me to further build and lead a transformative team. By leveraging advanced technology for more precise diagnosis and treatment, we will deliver the best possible outcomes for patients. Together, we will strive to set new benchmarks in healthcare and transform care delivery in hospitals," Dr. Vaidya added.

Founded in 2017, Cloudphysician partners with hospitals to improve ICU and NICU care for their patients. Cloudphysician’s unique Care Center has AI-guided doctors and nurses available 24/7; the Care Center collaborates with hospitals and their consultants to ensure better outcomes for patients. The Smart-ICU model ensures round-the-clock availability of expert doctors, better nursing quality, protocolized care, and staff training.

The startup claims to have helped manage care for over 100,000 ICU patients across more than 200 hospitals.