Join our Whatsapp Community for Daily Price Sheets and News

PharmEasy's Parent Company API Holdings Achieves 30% Faster Incident Resolution with IBM Instana, Accelerating Innovation in Digital Healthcare

Neha Sharma
2 min read
sri-vishnu-shankar-mill-limited-unlisted-sharesMore about Sri Vishnu Shankar Mill Limited Unlisted Shares
PharmEasy's Parent Company API Holdings Achieves 30% Faster Incident Resolution with IBM Instana, Accelerating Innovation in Digital Healthcare
PharmEasy's Parent Company API Holdings Achieves 30% Faster Incident Resolution with IBM Instana, Accelerating Innovation in Digital Healthcare

API Holdings, parent of PharmEasy, Thyrocare, and Retailio, significantly enhances its digital healthcare service delivery by partnering with IBM. Implementing IBM Instana has led to a remarkable 30% reduction in incident resolution time, boosting developer productivity and paving the way for scalable application ecosystem growth. This collaboration promises faster service launches and improved customer trust across all platforms.

API Holdings Limited, the parent company of prominent digital healthcare brands like PharmEasy, Thyrocare, and Retailio, is celebrating a significant leap forward in its technological capabilities. The company's strategic partnership with IBM to deploy AI-driven automated observability, powered by IBM Instana, is already yielding impressive results. This initiative marks a new era of proactive and efficient management of API's complex application stack, ultimately benefiting healthcare service delivery and accelerating innovation.

The deployment of IBM Instana has enabled API to proactively monitor its microservices architecture in real-time, allowing for swift detection and resolution of incidents. The results speak for themselves: a remarkable 30% reduction in Mean Time to Resolution (MTTR). This enhanced efficiency translates to improved developer productivity, freeing up valuable time for innovation and the rapid launch of new services across PharmEasy, Thyrocare, and Retailio platforms.

"IBM Instana has become our command center for incident management – intuitive, developer-friendly, and powerful," says Vivek Kumar Singh, vice president of engineering at API. "From real-time alerts to precise root cause analysis, it plays a central role in maintaining our application uptime, ultimately enhancing customer trust. A high confidence in application monitoring and uptime has made more time for our Tech teams to innovate and perform higher value work like rapidly launching new services on its platforms."

Viswanath Ramaswamy, vice president of technology at IBM India & South Asia, echoed this sentiment, stating, "Our work with API exemplifies how having insights-driven visibility of application and infrastructure environments can enable healthcare businesses to drive productivity, innovate at pace, stay resilient, and continually deliver value to customers."

The successful deployment of IBM Instana across PharmEasy, Thyrocare, and Retailio not only ensures optimal performance of mission-critical applications but also establishes a robust and scalable foundation for future growth. With its enhanced monitoring capabilities and streamlined incident resolution processes, API is well-positioned to continue delivering innovative and reliable digital healthcare services, reinforcing its commitment to customer satisfaction and industry leadership.

Share this article:
Back to All News

Our Blogs

Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.

FAQ's

What are unlisted shares?

+

Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.

How can I buy unlisted shares?

+

You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.

What is the share price of unlisted companies?

+

The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.

Are unlisted shares a good investment?

+

Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.

How can I sell unlisted shares?

+

To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.

What are the risks of investing in unlisted shares?

+

Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.

What is the share price of unlisted companies?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

How do I know the current value of unlisted shares?

+

The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.

Is there a minimum investment amount for unlisted shares?

+

The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.

Can I get a dividend from unlisted shares?

+

Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.

How do I know which unlisted shares are worth investing in?

+

It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.

Are unlisted shares taxed?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

WhatsAppContact Us