Nadar and Kalra to acquire US healthcare technology

14-Sep-2015 #India-US,#Healthcare & Pharma,#Technology & Innovation Source: The Times of India
SNSK (Shiv Nadar – Sanjay Kalra) Associates are establishing a $500 million proprietary fund to acquire US healthcare technology companies and platforms that can bring greater efficiencies to the US healthcare system. This probably is the first instance of an India fund being set up with the intention to acquire global assets and with the objective of addressing an overseas market problem. The time seems right as the Affordable Care Act (ACA) is transforming US by bringing low-income uninsured Americans under government’s medical program. Many Indian IT companies are aiming to get a big piece.
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