Medical coding automation co. RapidClaims in talks with Kedaara to raise $40-M

Bangalore- and New York-based RapidClaims is in talks with Kedaara Capital to raise USD 30-40 million at a valuation of USD 150-160 million. The company, founded in 2023 by Dushyant Mishra, Jot Sarup Singh, and Abhinay Vyas, provides AI technology to automate medical coding and billing for hospitals and physician groups in the US.