The deal will help CitiusTech expand its offerings reach out to a larger set of customers, the Gurgaon-based company said.
By the end of 2021, Keka claims to have had more than 5,500 customers, crossed $750,000 in ARR in 2017, and achieved a 7X sales growth in 2020.
The move will aim to strengthen its leadership in the healthcare supply chain, grow in the emerging market segment, aid in institutional linkage, and create new strategic partnerships globally, said a statement.
Of the startups that will be displaying their products, 92 startups are from It, 60 from biotech, 15 each from AI & ML and new age innovation network, 14 each from edutech & fintech, 10 each from electronics and mobility and 11 from cybersecurity.
In January, Elizabeth Holmes was found guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts.
“If there is an opportunistic play, that was one of a kind, then definitely (we are open to acquire),” company’s chief digital officer Vaishnav Shetty told ET in an interview.
In the new role, Vishal Dugar will lead the company’s efforts towards consolidating its association with key clients
Amid the economic slowdown, Chennai-based global technology company Zoho Corporation on Tuesday announced it has reached $1 billion in annual revenue, riding on its diversified product portfolio.
The platform said it has strengthened its content offerings with 733 audio series which resulted in a 270% increase in audio series — a fictional long-form audio storytelling category.
The eighth edition of The Economic Times Startup Awards (ETSA) will be held on Saturday, November 19, in Bengaluru to honour this year’s winners across nine categories in what will be a star-studded gathering of the who’s who of India’s new economy.
Venture Highway, Investor
The Economic Times, Editor- Emerging Business
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