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Shiv Nadar, Sanjay Kalra Line Up Rs 3,316 Cr to Buy IT Firms

File photo: HCL Tech founder and chairman Shiv Nadar
File photo: HCL Tech founder and chairman Shiv Nadar
New Delhi: HCL Tech founder and chairman Shiv Nadar has partnered with tech industry veteran Sanjay Kalra to launch an investment firm that will invest up to $500 million (about Rs 3,316 crore) to buy out IT product and platform companies in the US and India. The investment firm - Shiv Nadar & Sanjay Kalra Associates LLP (SNSK) - will focus on healthcare technology investments, a statement said on Monday. "SNSK will invest up to $5...
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