Practo has acquired Bengaluru-based Enlightiks

ACQUIRER

Practo

ACQUIRER COMPANY TYPE

Unlisted

INDUSTRY (ACQUIRER)

IT & ITES

 

CITY (ACQUIRER)

Bangalore

COUNTRY (ACQUIRER)

India

 

 

COMPANY

Enlightiks

COMPANY TYPE

Unlisted

INDUSTRY

IT & ITES

SECTOR

BPO (Healthcare Analytics)

CITY (TARGET)

Bangalore

COUNTRY (TARGET)

India

 

 

 

Practo has acquired Bengaluru-based Enlightiks which provides an advanced analytics platform, offering business intelligence (BI) solutions to healthcare enterprises.

The entire 50-member team of Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks. The deal, which includes the acquisition of Bengaluru-based Enlightiks Business Solutions Pvt. Ltd, is valued at $13.9 million (about Rs 92 crore), according to VCCEdge, the data research platform of News Corp VCCircle.

 

Source: https://www.vccircle.com/practo-acquires-analytics-startup-enlightiks-139-mn