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Our Business

Fischer Medical Ventures Limited is leading a paradigm shift in the healthcare sector by pioneering cutting-edge, cost-effective medical imaging technologies and state-of-the-art diagnostics innovations on a global scale.

Headquartered in Chennai India with manufacturing facility located in Andhra Pradesh MedTech Zone (AMTZ), Vishakhapatnam, the company is leading the charge as the first-in-India to develop cutting edge magnetic resonance imaging (MRI) systems in India, an inaugural Indian company to domestically manufacture such advanced medical imaging solutions.  

Fischer MVL’s triumphant public listing on the Bombay Stock Exchange (BSE) in Dec 2023 signifies a significant milestone in our journey toward establishing leadership in the medical imaging and MedTech industry. We envision to become the leading partner for healthcare providers worldwide by specializing in producing cost-effective, high-quality medical imaging devices and breakthrough innovations in diagnostics solutions.

We are strategically expanding into the broader realm of MedTech through targeted investments and acquisitions, consolidating a spectrum of radiology services, encompassing AI-powered CT to X-ray equipment and diverse portfolio of diagnostic solutions tailored to a myriad of point-of-care diagnostic solutions. This expansion underscores our dedication to innovation, adaptability, and empowering healthcare providers with the tools necessary for timely and precise diagnoses, thereby enhancing patient care and outcomes.

Our overarching mission at Fischer MVL is to comprehensively address all aspects of medical technology and the healthcare sector, ranging from imaging devices to diagnostics to preventive medicine. Leveraging our expertise, resources, and strategic partnerships, we aim to drive progress, accessibility, and affordability in healthcare delivery, making a significant impact on global healthcare.

Remaining at the forefront of advancing medical technology and improving healthcare accessibility, Fischer MVL remains steadfast in our commitment to innovation, affordability, and quality.

Our Strengths

We are a global, patient-focused MedTech company seeking to unlock the power of what science & technologies can do. Our strategy is consistent but dynamic.

In the Spotlight

Meet our Board of Directors

Mr. Ravindran Govindan
Mr. Ravi, a trailblazer whose journey epitomizes the convergence of law, entrepreneurship, and visionary leadership. Graduating from the prestigious National University of Singapore with a degree in law, Mr. Ravi swiftly ascended the ranks of the legal world, wielding his expertise as a solicitor in the esteemed Supreme Court of Singapore and transforming his own law practice into a thriving multi-partnership firm. Mr. Ravi’s ventures transcended as he ventured into diverse realms, from spearheading property developments across the Asia Pacific to orchestrating high-stakes IPOs on the Australia and Singapore stock exchanges. Notably, he played a pivotal role in the privatization of Myanmar Airlines, leaving an indelible mark on the aviation industry. Armed with 45 years of real-world expertise in building companies from the ground up, Mr. Ravi embarked on a new chapter in 2006, founding Mercatus Capital. As the architect of this private equity venture firm, he champions budding entrepreneurs in the realm of emerging technologies, offering a gamut of services from seed funding to corporate restructuring. His astute guidance has propelled startups to new heights, igniting innovation and fostering growth in dynamic sectors. Mr. Ravi started his strong passion for healthcare innovation from his tenure at Fisher Scientific Inc. as Executive Chairman and President for the Asia Pacific, managing billion-dollar budgets and drove technological advancements, and pioneered novel solutions & innovations in healthcare. As a luminary in the entrepreneurial ecosystem, Mr. Ravi extends his expertise as a trusted advisor to private and public enterprises, as well as influential individuals in the region, including Latona Associates Inc. – a private investment and financial firm based in New York. In every endeavour, Mr. Ravi epitomizes resilience, innovation, and unwavering dedication, leaving an indelible imprint on the global business landscape.
Mr. Ravindran Govindan
Mr. Ravi, a trailblazer whose journey epitomizes the convergence of law, entrepreneurship, and visionary leadership. Graduating from the prestigious National University of Singapore with a degree in law, Mr. Ravi swiftly ascended the ranks of the legal world, wielding his expertise as a solicitor in the esteemed Supreme Court of Singapore and transforming his own law practice into a thriving multi-partnership firm. Mr. Ravi’s ventures transcended as he ventured into diverse realms, from spearheading property developments across the Asia Pacific to orchestrating high-stakes IPOs on the Australia and Singapore stock exchanges. Notably, he played a pivotal role in the privatization of Myanmar Airlines, leaving an indelible mark on the aviation industry. Armed with 45 years of real-world expertise in building companies from the ground up, Mr. Ravi embarked on a new chapter in 2006, founding Mercatus Capital. As the architect of this private equity venture firm, he champions budding entrepreneurs in the realm of emerging technologies, offering a gamut of services from seed funding to corporate restructuring. His astute guidance has propelled startups to new heights, igniting innovation and fostering growth in dynamic sectors. Mr. Ravi started his strong passion for healthcare innovation from his tenure at Fisher Scientific Inc. as Executive Chairman and President for the Asia Pacific, managing billion-dollar budgets and drove technological advancements, and pioneered novel solutions & innovations in healthcare. As a luminary in the entrepreneurial ecosystem, Mr. Ravi extends his expertise as a trusted advisor to private and public enterprises, as well as influential individuals in the region, including Latona Associates Inc. – a private investment and financial firm based in New York. In every endeavour, Mr. Ravi epitomizes resilience, innovation, and unwavering dedication, leaving an indelible imprint on the global business landscape.
Mr. Ravindran Govindan
Mr. Ravi, a trailblazer whose journey epitomizes the convergence of law, entrepreneurship, and visionary leadership. Graduating from the prestigious National University of Singapore with a degree in law, Mr. Ravi swiftly ascended the ranks of the legal world, wielding his expertise as a solicitor in the esteemed Supreme Court of Singapore and transforming his own law practice into a thriving multi-partnership firm. Mr. Ravi’s ventures transcended as he ventured into diverse realms, from spearheading property developments across the Asia Pacific to orchestrating high-stakes IPOs on the Australia and Singapore stock exchanges. Notably, he played a pivotal role in the privatization of Myanmar Airlines, leaving an indelible mark on the aviation industry. Armed with 45 years of real-world expertise in building companies from the ground up, Mr. Ravi embarked on a new chapter in 2006, founding Mercatus Capital. As the architect of this private equity venture firm, he champions budding entrepreneurs in the realm of emerging technologies, offering a gamut of services from seed funding to corporate restructuring. His astute guidance has propelled startups to new heights, igniting innovation and fostering growth in dynamic sectors. Mr. Ravi started his strong passion for healthcare innovation from his tenure at Fisher Scientific Inc. as Executive Chairman and President for the Asia Pacific, managing billion-dollar budgets and drove technological advancements, and pioneered novel solutions & innovations in healthcare. As a luminary in the entrepreneurial ecosystem, Mr. Ravi extends his expertise as a trusted advisor to private and public enterprises, as well as influential individuals in the region, including Latona Associates Inc. – a private investment and financial firm based in New York. In every endeavour, Mr. Ravi epitomizes resilience, innovation, and unwavering dedication, leaving an indelible imprint on the global business landscape.
Ms. Svetlana Rao Raviwada
Ms. Svetlana Rao is a dynamic leader whose professional journey epitomizes versatility and expertise across multiple domains. Armed with a degree in Electronics and Communications Engineering, Svetlana embarked on her career as a technical expert in the Telecom Domain. Her early days at Wipro Technologies laid the foundation for her illustrious career, which quickly saw her ascend to a leadership role at Alcatel's R&D division. Pioneering the frontiers of research, product development, and corporate management, Svetlana seamlessly transitioned from her corporate tenure to a prominent role in the realm of investments. As a partner at Ishta Capital, a distinguished boutique investment firm, she wielded her acumen to restructure large family-owned businesses, offering tailored solutions that propelled companies to new heights. With a keen eye for process management, vertical mergers, and strategic planning, Svetlana's leadership catalysed growth and innovation at every turn. Beyond her corporate ventures, Svetlana's expertise extends to the legal arena, where she shines as a lawyer and serves as an empanelled arbitrator. Her adeptness in litigation management and dispute resolution further underscores her multifaceted skill set.
Ms. Svetlana Rao Raviwada
Ms. Svetlana Rao is a dynamic leader whose professional journey epitomizes versatility and expertise across multiple domains. Armed with a degree in Electronics and Communications Engineering, Svetlana embarked on her career as a technical expert in the Telecom Domain. Her early days at Wipro Technologies laid the foundation for her illustrious career, which quickly saw her ascend to a leadership role at Alcatel's R&D division. Pioneering the frontiers of research, product development, and corporate management, Svetlana seamlessly transitioned from her corporate tenure to a prominent role in the realm of investments. As a partner at Ishta Capital, a distinguished boutique investment firm, she wielded her acumen to restructure large family-owned businesses, offering tailored solutions that propelled companies to new heights. With a keen eye for process management, vertical mergers, and strategic planning, Svetlana's leadership catalysed growth and innovation at every turn. Beyond her corporate ventures, Svetlana's expertise extends to the legal arena, where she shines as a lawyer and serves as an empanelled arbitrator. Her adeptness in litigation management and dispute resolution further underscores her multifaceted skill set.
Ms. Svetlana Rao Raviwada
Ms. Svetlana Rao is a dynamic leader whose professional journey epitomizes versatility and expertise across multiple domains. Armed with a degree in Electronics and Communications Engineering, Svetlana embarked on her career as a technical expert in the Telecom Domain. Her early days at Wipro Technologies laid the foundation for her illustrious career, which quickly saw her ascend to a leadership role at Alcatel's R&D division. Pioneering the frontiers of research, product development, and corporate management, Svetlana seamlessly transitioned from her corporate tenure to a prominent role in the realm of investments. As a partner at Ishta Capital, a distinguished boutique investment firm, she wielded her acumen to restructure large family-owned businesses, offering tailored solutions that propelled companies to new heights. With a keen eye for process management, vertical mergers, and strategic planning, Svetlana's leadership catalysed growth and innovation at every turn. Beyond her corporate ventures, Svetlana's expertise extends to the legal arena, where she shines as a lawyer and serves as an empanelled arbitrator. Her adeptness in litigation management and dispute resolution further underscores her multifaceted skill set.
Mr. Khairy Jamaluddin Abu Bakar
Mr. Khairy Jamaluddin epitomizes versatility and dedication in his illustrious career spanning politics, entrepreneurship, and public service in his country, Malaysia. With a robust background in both academia and professional spheres, Khairy has emerged as a prominent figure in Malaysia's socio-political landscape. A graduate of Oxford University and University College London (UCL), Mr. Khairy's academic journey laid the groundwork for his multifaceted career. Armed with a bachelor's degree in Philosophy, Politics, and Economics (PPE) and a master's degree in Legal and Political Theory, he embarked on a path marked by intellectual curiosity and a fervent commitment to public service. Khairy's ascent in politics has been marked by a series of impactful roles, including Minister of Health, Minister of Science, Technology and Innovation, and Minister of Youth and Sports in Malaysia. During his past tenure as Minister of Health, Mr. Khiary spearheaded Malaysia's response to the COVID-19 pandemic, leading the digital transformation of the healthcare system and championing innovative solutions to enhance accessibility and efficiency in telemedicine and digital health platforms. Mr. Khairy's entrepreneurial spirit shines through his diverse ventures. From serving as Chairman of Malaysia's National Entrepreneur Development Corporation to co-founding The Centre, a think tank dedicated to promoting centrist thought, he has consistently advocated for pragmatic and inclusive approaches to governance and policymaking. Presently, Mr. Khairy is not only a dynamic entrepreneur but also a prominent media figure and astute political commentator, leveraging his expertise as a board member of numerous technology startups. He captivates audiences as a co-host of a widely acclaimed radio show in Malaysia and as the host of a current affairs podcast. His esteemed roles as a Visiting Senior Fellow and Adjunct Professor further underscore his dedication to shaping future leaders. In all capacities, Mr. Khairy embodies leadership, integrity, and unwavering dedication to progress.
Mr. Khairy Jamaluddin Abu Bakar
Mr. Khairy Jamaluddin epitomizes versatility and dedication in his illustrious career spanning politics, entrepreneurship, and public service in his country, Malaysia. With a robust background in both academia and professional spheres, Khairy has emerged as a prominent figure in Malaysia's socio-political landscape. A graduate of Oxford University and University College London (UCL), Mr. Khairy's academic journey laid the groundwork for his multifaceted career. Armed with a bachelor's degree in Philosophy, Politics, and Economics (PPE) and a master's degree in Legal and Political Theory, he embarked on a path marked by intellectual curiosity and a fervent commitment to public service. Khairy's ascent in politics has been marked by a series of impactful roles, including Minister of Health, Minister of Science, Technology and Innovation, and Minister of Youth and Sports in Malaysia. During his past tenure as Minister of Health, Mr. Khiary spearheaded Malaysia's response to the COVID-19 pandemic, leading the digital transformation of the healthcare system and championing innovative solutions to enhance accessibility and efficiency in telemedicine and digital health platforms. Mr. Khairy's entrepreneurial spirit shines through his diverse ventures. From serving as Chairman of Malaysia's National Entrepreneur Development Corporation to co-founding The Centre, a think tank dedicated to promoting centrist thought, he has consistently advocated for pragmatic and inclusive approaches to governance and policymaking. Presently, Mr. Khairy is not only a dynamic entrepreneur but also a prominent media figure and astute political commentator, leveraging his expertise as a board member of numerous technology startups. He captivates audiences as a co-host of a widely acclaimed radio show in Malaysia and as the host of a current affairs podcast. His esteemed roles as a Visiting Senior Fellow and Adjunct Professor further underscore his dedication to shaping future leaders. In all capacities, Mr. Khairy embodies leadership, integrity, and unwavering dedication to progress.
Mr. Khairy Jamaluddin Abu Bakar
Mr. Khairy Jamaluddin epitomizes versatility and dedication in his illustrious career spanning politics, entrepreneurship, and public service in his country, Malaysia. With a robust background in both academia and professional spheres, Khairy has emerged as a prominent figure in Malaysia's socio-political landscape. A graduate of Oxford University and University College London (UCL), Mr. Khairy's academic journey laid the groundwork for his multifaceted career. Armed with a bachelor's degree in Philosophy, Politics, and Economics (PPE) and a master's degree in Legal and Political Theory, he embarked on a path marked by intellectual curiosity and a fervent commitment to public service. Khairy's ascent in politics has been marked by a series of impactful roles, including Minister of Health, Minister of Science, Technology and Innovation, and Minister of Youth and Sports in Malaysia. During his past tenure as Minister of Health, Mr. Khiary spearheaded Malaysia's response to the COVID-19 pandemic, leading the digital transformation of the healthcare system and championing innovative solutions to enhance accessibility and efficiency in telemedicine and digital health platforms. Mr. Khairy's entrepreneurial spirit shines through his diverse ventures. From serving as Chairman of Malaysia's National Entrepreneur Development Corporation to co-founding The Centre, a think tank dedicated to promoting centrist thought, he has consistently advocated for pragmatic and inclusive approaches to governance and policymaking. Presently, Mr. Khairy is not only a dynamic entrepreneur but also a prominent media figure and astute political commentator, leveraging his expertise as a board member of numerous technology startups. He captivates audiences as a co-host of a widely acclaimed radio show in Malaysia and as the host of a current affairs podcast. His esteemed roles as a Visiting Senior Fellow and Adjunct Professor further underscore his dedication to shaping future leaders. In all capacities, Mr. Khairy embodies leadership, integrity, and unwavering dedication to progress.
Gov. Roberto M. Pagdanganan
Governor Roberto M. Pagdanganan stands as a paragon of academic excellence and dedicated public service. With a Summa Cum Laude degree in B.S. Chemical Engineering from MLQU and a Doctorate in Education Management from Bulacan University, his academic achievements lay a solid foundation for his illustrious career. Gov. Roberto's tenure as Governor of the Province of Bulacan from 1986 to 1998 marked a transformative period in its development, leaving an indelible legacy of progress and prosperity. His leadership as President of the League of Provinces of the Philippines and Founding Chairman of the League of Leagues of LGUs (now Union of Local Authorities of the Philippines) epitomizes his unwavering commitment to advancing provincial interests on the national stage. With a breadth of experience in key ministerial positions, including Secretary of the Department of Tourism and Secretary of the Department of Agrarian Reform, Governor Roberto's versatility and dedication to national development are unparalleled. His stewardship as Chairman of the Cooperative Development Authority and the Philippine Southeast Asian Games Organizing Committee further exemplifies his multifaceted contributions to Philippine governance. Recognized with the prestigious Presidential Legion of Honor, Governor Roberto's exceptional service to the nation has been lauded and celebrated. His dedication to youth development shines through his past roles as National President of the Boy Scouts of the Philippines and District Governor of the Rotary Club. As Chairman of the Medicine Transparency Alliance Philippines and the Health and Retirement Tourism Alliance of the Philippines, Governor Roberto spearheaded initiatives aimed at elevating the healthcare and tourism sectors, enriching the lives of countless individuals across the nation. Gov. Roberto currently serve as Advisor to HealthCore and Chairman of Digihealth Specialists Inc, Gov. Roberto continues to blaze trails in shaping the future of healthcare and technology in the Philippines, leaving an indelible mark on the landscape of public service and governance.
Gov. Roberto M. Pagdanganan
Governor Roberto M. Pagdanganan stands as a paragon of academic excellence and dedicated public service. With a Summa Cum Laude degree in B.S. Chemical Engineering from MLQU and a Doctorate in Education Management from Bulacan University, his academic achievements lay a solid foundation for his illustrious career. Gov. Roberto's tenure as Governor of the Province of Bulacan from 1986 to 1998 marked a transformative period in its development, leaving an indelible legacy of progress and prosperity. His leadership as President of the League of Provinces of the Philippines and Founding Chairman of the League of Leagues of LGUs (now Union of Local Authorities of the Philippines) epitomizes his unwavering commitment to advancing provincial interests on the national stage. With a breadth of experience in key ministerial positions, including Secretary of the Department of Tourism and Secretary of the Department of Agrarian Reform, Governor Roberto's versatility and dedication to national development are unparalleled. His stewardship as Chairman of the Cooperative Development Authority and the Philippine Southeast Asian Games Organizing Committee further exemplifies his multifaceted contributions to Philippine governance. Recognized with the prestigious Presidential Legion of Honor, Governor Roberto's exceptional service to the nation has been lauded and celebrated. His dedication to youth development shines through his past roles as National President of the Boy Scouts of the Philippines and District Governor of the Rotary Club. As Chairman of the Medicine Transparency Alliance Philippines and the Health and Retirement Tourism Alliance of the Philippines, Governor Roberto spearheaded initiatives aimed at elevating the healthcare and tourism sectors, enriching the lives of countless individuals across the nation. Gov. Roberto currently serve as Advisor to HealthCore and Chairman of Digihealth Specialists Inc, Gov. Roberto continues to blaze trails in shaping the future of healthcare and technology in the Philippines, leaving an indelible mark on the landscape of public service and governance.
Gov. Roberto M. Pagdanganan
Governor Roberto M. Pagdanganan stands as a paragon of academic excellence and dedicated public service. With a Summa Cum Laude degree in B.S. Chemical Engineering from MLQU and a Doctorate in Education Management from Bulacan University, his academic achievements lay a solid foundation for his illustrious career. Gov. Roberto's tenure as Governor of the Province of Bulacan from 1986 to 1998 marked a transformative period in its development, leaving an indelible legacy of progress and prosperity. His leadership as President of the League of Provinces of the Philippines and Founding Chairman of the League of Leagues of LGUs (now Union of Local Authorities of the Philippines) epitomizes his unwavering commitment to advancing provincial interests on the national stage. With a breadth of experience in key ministerial positions, including Secretary of the Department of Tourism and Secretary of the Department of Agrarian Reform, Governor Roberto's versatility and dedication to national development are unparalleled. His stewardship as Chairman of the Cooperative Development Authority and the Philippine Southeast Asian Games Organizing Committee further exemplifies his multifaceted contributions to Philippine governance. Recognized with the prestigious Presidential Legion of Honor, Governor Roberto's exceptional service to the nation has been lauded and celebrated. His dedication to youth development shines through his past roles as National President of the Boy Scouts of the Philippines and District Governor of the Rotary Club. As Chairman of the Medicine Transparency Alliance Philippines and the Health and Retirement Tourism Alliance of the Philippines, Governor Roberto spearheaded initiatives aimed at elevating the healthcare and tourism sectors, enriching the lives of countless individuals across the nation. Gov. Roberto currently serve as Advisor to HealthCore and Chairman of Digihealth Specialists Inc, Gov. Roberto continues to blaze trails in shaping the future of healthcare and technology in the Philippines, leaving an indelible mark on the landscape of public service and governance.
Dato Dr. Jacob Thomas
Dato Dr. Jacob Thomas epitomizes the essence of innovation and leadership in the healthcare realm. He started as an emergency medicine doctor educated in India, United Kingdom, and the United States and eventually moved up the corporate ladder having served in various capacities at Subang Jaya Medical Centre, and became the CEO and Group Medical Advisor of Sime Darby Health Care, and now Chairman of Ramsay Sime Darby Health Care, a position he held since 2013. Dr. Jacob was the longest-standing President of the Association of Private Hospitals of Malaysia having been elected five times since 2008 and became President of Asian Hospital Federation from 2012-2013. He also serves as Councilor of the Malaysian Society for Quality in Health (MSQH) and Board Member of the Malaysia Healthcare Travel Council (MHTC), and works closely with various NGOs and Government agencies to promote Malaysian Healthcare both locally and internationally. Malaysia Prime Minister thereafter appointed him to head the Healthcare Sector of the National Productivity Council in 2018. In 2022, Dr Jacob was appointed Chairman of the globally-renowned accreditation agency in the US Joint Commission International (JCI) and Joint Commission Resources (JCR) and a Steering Committee Member of Malaysia’s National Key Economic Areas (NKEA) for Healthcare and Chairman of the Disciplinary Committee of Malaysian Medical Council. Dr. Jacob was conferred the title of Dato’ by Sultan Sharafuddin Idris Shah for his various achievements in Malaysia.
Dato Dr. Jacob Thomas
Dato Dr. Jacob Thomas epitomizes the essence of innovation and leadership in the healthcare realm. He started as an emergency medicine doctor educated in India, United Kingdom, and the United States and eventually moved up the corporate ladder having served in various capacities at Subang Jaya Medical Centre, and became the CEO and Group Medical Advisor of Sime Darby Health Care, and now Chairman of Ramsay Sime Darby Health Care, a position he held since 2013. Dr. Jacob was the longest-standing President of the Association of Private Hospitals of Malaysia having been elected five times since 2008 and became President of Asian Hospital Federation from 2012-2013. He also serves as Councilor of the Malaysian Society for Quality in Health (MSQH) and Board Member of the Malaysia Healthcare Travel Council (MHTC), and works closely with various NGOs and Government agencies to promote Malaysian Healthcare both locally and internationally. Malaysia Prime Minister thereafter appointed him to head the Healthcare Sector of the National Productivity Council in 2018. In 2022, Dr Jacob was appointed Chairman of the globally-renowned accreditation agency in the US Joint Commission International (JCI) and Joint Commission Resources (JCR) and a Steering Committee Member of Malaysia’s National Key Economic Areas (NKEA) for Healthcare and Chairman of the Disciplinary Committee of Malaysian Medical Council. Dr. Jacob was conferred the title of Dato’ by Sultan Sharafuddin Idris Shah for his various achievements in Malaysia.
Dato Dr. Jacob Thomas
Dato Dr. Jacob Thomas epitomizes the essence of innovation and leadership in the healthcare realm. He started as an emergency medicine doctor educated in India, United Kingdom, and the United States and eventually moved up the corporate ladder having served in various capacities at Subang Jaya Medical Centre, and became the CEO and Group Medical Advisor of Sime Darby Health Care, and now Chairman of Ramsay Sime Darby Health Care, a position he held since 2013. Dr. Jacob was the longest-standing President of the Association of Private Hospitals of Malaysia having been elected five times since 2008 and became President of Asian Hospital Federation from 2012-2013. He also serves as Councilor of the Malaysian Society for Quality in Health (MSQH) and Board Member of the Malaysia Healthcare Travel Council (MHTC), and works closely with various NGOs and Government agencies to promote Malaysian Healthcare both locally and internationally. Malaysia Prime Minister thereafter appointed him to head the Healthcare Sector of the National Productivity Council in 2018. In 2022, Dr Jacob was appointed Chairman of the globally-renowned accreditation agency in the US Joint Commission International (JCI) and Joint Commission Resources (JCR) and a Steering Committee Member of Malaysia’s National Key Economic Areas (NKEA) for Healthcare and Chairman of the Disciplinary Committee of Malaysian Medical Council. Dr. Jacob was conferred the title of Dato’ by Sultan Sharafuddin Idris Shah for his various achievements in Malaysia.

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