Other Deals

Health-tech co. Innovaccer completes Rs.600-Cr ESOP buyback

Inc42  

Health-tech unicorn Innovaccer has completed an employee secondary buyback worth INR 600 crore (around USD 75 million), providing liquidity to employees with vested stock options.Founded in 2014 by Shashank, Kanav Hasija and Sandeep Gupta, Innovaccer helps healthcare organisations streamline their data to improve patient care and operational performance.

Between Aug 2016 and Jan 2025, Innovaccer had attracted about USD 651 M from Pravega Ventures, WestBridge, Lightspeed Ventures, M12, Dragoneer Investment Group, Mubadala Investment, Steadview Capital, Tiger Global, B Capital Group, OMERS Ventures and others.For FY25, Innovaccer had reported about INR 382 Cr in Operating Income and about INR 36 Cr in PAT.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.