CitiusTech earmarks $100 million for acquisitions across geographies

Mumbai-based healthcare technology company CitiusTech has earmarked $100 million for potential acquisitions, co-founder and CEO Rizwan Koita said in an interview. CitiusTech, which was acquired by Baring Private Equity Asia last year in a deal valuing it at above $1 billion, provides healthcare technology services and solutions to hospitals, insurance, pharma, life sciences, and medical technology companies, primarily in the US. It also focuses on several areas of digital technology, such as cloud computing, predictive analytics, and data science.