Portea Medical The proposed investment consists of up to US$ 7 million in equity for a minority stake in Health Vista India Private Limited (Portea Medical or Portea or the Company) in order to finance the expansion of the Companys home-based healthcare services business in India.   Established in November 2013, Portea is a Bangalore based home-based healthcare services provider. Portea engages with individuals, hospitals, insurance companies and corporates to improve medical outcomes and reduce the burden on healthcare infrastructure by providing in-home care to post-operative, geriatric, chronic and neo-natal patients. Porteas model reduces the burden on traditional health care facilities by providing accessible, affordable and quality care for patients across the country in the comfort of their homes. This has a positive impact on hospitals as beds can be utilized for more critical medical cases and procedures.   Portea provides its home health care services through nursing aides, nurses, physiotherapists and doctors. It has already hired and trained over 1,800 service providers. The Company will continue to train and employ a large number of nursing aides, many of whom hail from the low income states of Uttar Pradesh, Bihar and Odisha. Portea is a regular employer from more than 30 National Skill Development Corporation (NSDC) empanelled skill building partners across India.   The Company provides its services across 22 cities in India, of which over 60% are Tier 2/3 cities. It is currently active in 14 states including NCR, Gujarat, Haryana and the Low Income States of Uttar Pradesh, Rajasthan and Madhya Pradesh. It will utilize the investment from IFC to further grow and deepen its presence in these states.   The project fits well with the World Bank Groups Private Participation for Health in India initiative (PPHI) which aims to increase access to quality affordable healthcare. --Increase in patients reached (IDG 2): Expected to increase the number of patients reached by healthcare services and contribute to IFC''s IDG 2 (patients reached) targets. Portea has already treated 35,000+ unique patients in 18 months. --Employment generation: Expected to create additional skilled jobs (doctors, nurses, physiotherapists, nursing aides) including in Tier II/III cities. Portea expects to hire, train and employ more than 15,000 clinical staff by FY20. --Increasing access to quality services: Portea is already present in 22 cities in India and enables patients to access care at home at affordable price points and gives them the choice of packages, frequency and types of services to optimize their needs and spend. --Manpower training: The Company has a centralized hiring policy and training procedure to ensure quality. It is training a large numbers of skilled and semi-skilled people to become quality health care professionals. It has already hired, trained and deployed 1,800+ staff. In addition, it also offers such professionals Continued Medical Education (CME), industry standard pay, personal safety, performance incentives and advancement. --Promoting Gender Equality: Of the 1,800+ staff which Portea employs currently, nearly 51% or ~900 are women. Portea also trains and improves their skill sets, builds a career path by offering senior staff supervisory roles and a chance to grow as professionals. --Geographical diversity of employees and significant number of employees hailing from low-income/ backward states: In order to be adequately staffed with quality resources, Portea is hiring from across the country, and also from schools/ vocational training institutes. Portea is also engaged with and regularly hires from over 30 National Skill Development Corporation (NSDC) empanelled skill building partners across India. --A recent internal study of Nursing Aide staff reported that in Bangalore, of the nursing aides employed by Portea, nearly 22% are from Bihar, Orissa and North-East India. In Kolkata, nearly 30% are from Bihar, Orissa and North-East India. In Pune, nearly 20% are from Uttar Pradesh.