India Digest: Vaidam Health, InCred Capital make acquisitions

India Digest: Vaidam Health, InCred Capital make acquisitions

Photo by Josh Appel on Unsplash

Vaidam Health on Wednesday announced that it has acquired CancerRounds, an oncology-focused healthcare platform. In another development, InCred Capital bought Singapore-based fund management company S Cube Capital (SAIML).

Vaidam Health acquires CancerRounds

Vaidam Health on Wednesday announced that it has acquired CancerRounds, an oncology-focused healthcare platform that supports cancer patients in connecting with doctors, hospitals and treatment options.

The company said the acquisition is aimed at strengthening its oncology-focused patient navigation services and expanding support for patients seeking coordinated cancer care solutions across borders.

The acquisition will integrate CancerRounds’ oncology care navigation capabilities with Vaidam Health’s international patient services. The combined offering will focus on areas including doctor discovery, treatment opinion coordination, hospital shortlisting, documentation support, travel coordination and post-treatment follow-up for patients seeking cancer care outside their home country.

“Oncology has consistently been one of our largest medical travel verticals. Cancer patients and their families often need a higher level of guidance because treatment decisions are time-sensitive, specialised, and deeply personal. CancerRounds has built focused experience in oncology care navigation, and this acquisition allows us to bring that capability into our existing international patient services,” said Pankaj Chandna, Co-founder of Vaidam Health.

InCred buys S Cube Capital

InCred Capital, the institutional, wealth and asset management arm of the InCred Group, on Tuesday announced the integration of S Cube Capital (SAIML Pte Ltd) into InCred Global Wealth Pte Ltd (Singapore), subject to regulatory approvals.

The acquisition strengthens InCred Capital’s offshore product suite and adds regulated fund vehicles to its Singapore platform. It also builds on the firm’s recent acquisition of Arrow Capital DIFC, a Dubai-based boutique financial services firm, further enhancing InCred Capital’s ability to serve clients investing across the Singapore–Gulf Cooperation Council (GCC)–India corridor, according to a company statement.

As part of the transaction, Balaji Swaminathan and Hemant Mishr of S Cube Capital will join InCred Global Wealth as Joint Vice Chairmen of the global asset management business.

InCred Capital operates across India, Singapore, Dubai and London, with an integrated business covering wealth management, asset management and institutional equities. The company reported over Rs 1 lakh crore (about $10.5 billion) in wealth assets under management (AUM) and around Rs 10,000 crore (about $1 billion) in assets management AUM.

Edited by: Pramod Mathew

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