Shiv Nadar, founder of diversified conglomerate HCL, and Sanjay Kalra, former chief executive of IT company Tech Mahindra, launched a $500m investment firm yesterday dubbed Shiv Nadar & Sanjay Kalra Associates (SNSK).
The firm will seek to buy out healthcare technology platforms and products in the US, seeking to identify opportunities across providers, payers, and pharmaceutical and life sciences firms.
SNSK will focus particularly on hospitals and ambulance services, long term acute care, doctors’ surgeries, information and insurance exchanges, accountable care organisations, as well as self-funded and commercial insurers.