India: HCL's Shiv Nadar, Sanjay Kalra set up $500m fund to buy US health tech firms

India: HCL's Shiv Nadar, Sanjay Kalra set up $500m fund to buy US health tech firms

HCL Tech founder and chairman Shiv Nadar (left), SNSK chairman Sanjay Kalra (right). Photo sourced from SNSK website.

HCL Technologies founder and chairman Shiv Nadar has teamed up with former Tech Mahindra CEO Sanjay Kalra to set up a $500-million fund to acquire mature healthcare technology companies and invest in IT products and platforms in the US, according to a statement.

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