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Shiv Nadar & Sanjay Kalra Launch a New Investment Firm
NEW YORK and BANGALORE, September 14, 2015 /PRNewswire/ --
To Invest up to USD 500 Million in U.S. Healthcare IT Product and Platform CompaniesÂ
Shiv Nadar and Sanjay Kalra today announced the launch of Shiv Nadar & Sanjay Kalra
Associates LLP (SNSK), an investment firm. The firm will focus on healthcare technology
investments in the United States. SNSK will invest up to USD 500 million to buy-out IT
product and platform companies across providers, payers, pharma & life sciences, which are
either disrupting or being disrupted by the confluence of regulatory changes, evolving
consumer attitudes, changing demographics and emerging technologies.
    (Photo:Â
http://photos.prnewswire.com/prnh/20150914/763358)
SNSK's investment thesis favours creating an integrated portfolio of mature
businesses. The firm will also invest in select early stage U.S. and Indian companies,
where product, platform or talent will accelerate portfolio objectives. The focus areas
include hospitals, ambulatory, long term acute care, physician practice, information
exchanges, ACOs, self-funded and commercial insurers as well as insurance exchanges.
Shiv Nadar, Chairman, HCL and Mentor, SNSK, said, "The U.S. healthcare industry is
undergoing radical transformation with the Affordable Care Act. Evolving thought and
business models have little semblance to present mechanisms. Over the next five years,
SNSK aspires to be an engine of accelerating digital solutions that would make patient
care more accountable, efficient, predictable and effective. I am delighted to join hands
with Sanjay and Mahesh in this exciting journey."
Talking on the strategic approach of the new entity, SNSK Chairman, Sanjay Kalra said,
"SNSK is an operating team with Capital. Our relationship capital, trust and Shiv as a
mentor are the most valuable elements we bring to our portfolio companies. We will support
management teams to unlock value in their companies through our entrepreneurial passion,
engineering heritage and global operating experience."
SNSK Managing Director, Mahesh Nagaraj added "The firm intends to realize synergies
across its portfolio and rigorously explore growth in new markets. SNSK's operational
expertise, cost discipline, India based R&D capability and cutting-edge technology
adoption will support businesses in achieving their potential."
About Shiv Nadar & Sanjay Kalra AssociatesÂ
Shiv Nadar & Sanjay Kalra Associates (http://www.snskassociates.com) is an
investment firm which leverages operating expertise and proprietary capital to fuel growth
in transitional markets. With focus on the U.S. healthcare market, SNSK aims to invest in
technology products and platforms companies and support businesses in achieving their
potential.
Â
For media queries, contact:Â Â
Vineet JawaÂ
+919818138608Â
vineet@snskassociates.comÂ
Â
Photo:
http://photos.prnewswire.com/prnh/20150914/763358
Photo:http://photos.prnewswire.com/prnh/20150914/763358
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20150914/763358
http://photoarchive.ap.org/
SNSK
Shiv Nadar & Sanjay Kalra Launch a New Investment Firm
NEW YORK and BANGALORE, September 14, 2015 /PRNewswire/ --
To Invest up to USD 500 Million in U.S. Healthcare IT Product and Platform CompaniesÂ
Shiv Nadar and Sanjay Kalra today announced the launch of Shiv Nadar & Sanjay Kalra
Associates LLP (SNSK), an investment firm. The firm will focus on healthcare technology
investments in the United States. SNSK will invest up to USD 500 million to buy-out IT
product and platform companies across providers, payers, pharma & life sciences, which are
either disrupting or being disrupted by the confluence of regulatory changes, evolving
consumer attitudes, changing demographics and emerging technologies.
    (Photo:Â
http://photos.prnewswire.com/prnh/20150914/763358)
SNSK's investment thesis favours creating an integrated portfolio of mature
businesses. The firm will also invest in select early stage U.S. and Indian companies,
where product, platform or talent will accelerate portfolio objectives. The focus areas
include hospitals, ambulatory, long term acute care, physician practice, information
exchanges, ACOs, self-funded and commercial insurers as well as insurance exchanges.
Shiv Nadar, Chairman, HCL and Mentor, SNSK, said, "The U.S. healthcare industry is
undergoing radical transformation with the Affordable Care Act. Evolving thought and
business models have little semblance to present mechanisms. Over the next five years,
SNSK aspires to be an engine of accelerating digital solutions that would make patient
care more accountable, efficient, predictable and effective. I am delighted to join hands
with Sanjay and Mahesh in this exciting journey."
Talking on the strategic approach of the new entity, SNSK Chairman, Sanjay Kalra said,
"SNSK is an operating team with Capital. Our relationship capital, trust and Shiv as a
mentor are the most valuable elements we bring to our portfolio companies. We will support
management teams to unlock value in their companies through our entrepreneurial passion,
engineering heritage and global operating experience."
SNSK Managing Director, Mahesh Nagaraj added "The firm intends to realize synergies
across its portfolio and rigorously explore growth in new markets. SNSK's operational
expertise, cost discipline, India based R&D capability and cutting-edge technology
adoption will support businesses in achieving their potential."
About Shiv Nadar & Sanjay Kalra AssociatesÂ
Shiv Nadar & Sanjay Kalra Associates (http://www.snskassociates.com) is an
investment firm which leverages operating expertise and proprietary capital to fuel growth
in transitional markets. With focus on the U.S. healthcare market, SNSK aims to invest in
technology products and platforms companies and support businesses in achieving their
potential.
Â
For media queries, contact:Â Â
Vineet JawaÂ
+919818138608Â
vineet@snskassociates.comÂ
Â
Photo:
http://photos.prnewswire.com/prnh/20150914/763358
Photo:http://photos.prnewswire.com/prnh/20150914/763358
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20150914/763358
http://photoarchive.ap.org/
SNSK