IndoUS Venture Partners funds VRCM
2010-08-09Visionary RCM (VRCM) has received a funding of Rs 150 Million from leading venture capital company IndoUS Venture Partners (IUVP). VRCM will primarily use the capital to acquire US based companies in the coming year, besides looking at aggressively scaling up its processes to become a leading player in this space.
With strong funding and ambitious plans VRCM is looking to create 300 high skill jobs in India by the next year.
Rajesh Surana, CEO of VRCM, said "US Healthcare offers a huge spectrum of opportunities for innovative companies like ours for organic and inorganic growth. Our focus is on creating brand equity for VRCM in Healthcare Services Space and partnering with IUVP would help us in working towards our vision. With this we expect to continue on our high growth path by tapping newer markets and attracting quality talent."
Kumar Shiralagi, Managing Director of IUVP said "Our keen interest in Visionary RCM comes from the scope of growth and the track record of the company in the healthcare space. VRCM with its strong service proposition has not only offered customers better value but also driven them towards higher productivity and margins, which are clear indicators of the commitment that it has towards its business. We hope that with this partnership VRCM is able to leverage the enormous opportunities that the US market offers in the healthcare space and build a growth trajectory for all associated".
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.