Bain & Able: PE edges past rivals for CitiusTech stakeIf successful, this would be the second investment by the Boston-headquartered PE group in as many months in India, after having bought int...
05 May, 2022, 12.28 AM IST
SPAC scrapped, Baring puts CitiusTech on the block for $2.2 blnLess than a year after calling off plans for a SPAC listing in the US, Baring Private Equity Asia (BPEA) is all set to sell its controlling...
16 Mar, 2022, 09.53 AM IST
Bhaskar Sambasivan appointed CEO of CitiusTechSambasivan joined the company as president in May and has been working closely with Rizwan Koita, the CEO, as part of a structured leadersh...
26 Oct, 2021, 08.36 PM IST
Atul Soneja named President – Operations at CitiusTech“Atul brings to CitiusTech an impressive set of leadership capabilities and experience across technology delivery and product development.,...
09 Sep, 2021, 02.27 PM IST
Baring PE Asia to buy Hinduja Global's healthcare arm for $1.2 billionPost completion of the transaction, HGS will transfer all client contracts, employees, and assets, including infrastructure related to the ...
10 Aug, 2021, 09.56 AM IST
CitiusTech expects Covid-19 impact to boost business in FY22CitiusTech expects to grow at more than 20%, in line with its ambition to cross $500 million in revenue over the next 4-5 years, CEO Rizwan...
30 Dec, 2020, 02.54 PM IST
New Mountain Capital buys healthcare BPO firm emidsIndia is one of the largest markets for emids through its operations in Bengaluru and Hyderabad offices.
26 Sep, 2019, 05.03 PM IST
Baring Private Equity Asia leads race for CitiusTechThe deal is expected to be sealed at a valuation of $1 billion, after a highly competitive bid process that saw some of the largest buyout ...
12 Jul, 2019, 09.31 AM IST
Bain Capital, 5 others in race to buy CitiusTechChrysCapital, Blackstone Group also among entities shortlisted; deal may value Citius at $900 million.
06 Jun, 2019, 08.00 AM IST
CitiusTech eyes $500 mn revenue in five yearsThe company has set up an advisory board comprising veterans from the healthcare industry to offer strategic guidance to the management to ...
20 Nov, 2018, 07.42 AM IST
CitiusTech buys majority stake in FluidEdgeUS and Mumbai-based Citius-Tech is Rizwan Koita and IIT-Bombay batchmate and cofounder Jagdish Moorjani’s second company.
29 Aug, 2018, 07.37 AM IST
Leaders turn persistent learners to stay aheadFor example, what works for Rizwan Koita, CEO of healthcare IT company CitiusTech, is immediately sharing his learnings to cement them with...
02 Oct, 2017, 11.14 PM IST
CitiusTech to hire upto 1,200 people this fiscalThe new employees would be a mix of sales and business development professionals in the key markets it operates in, along with customer man...
16 May, 2016, 04.36 AM IST
Healthcare IT firm CitiusTech looks at acquisitions, global expansionHealthcare IT firm CitiusTech, which raised $100 million in funding from General Atlantic last year, is looking at acquisitions and interna...
07 Jan, 2016, 10.28 AM IST
CitiusTech: Meet the three IITians on whom General Atlantic has bet $100 millionKeeping company with Cognizant and Wipro is CitiusTech, a firm on which global PE player General Atlantic bet about $100 million last month.
01 May, 2014, 12.04 PM IST
General Atlantic Partners to buy 30% stake in CitiusTechThis marks the second successful entrepreneurial venture in less than 15 years by Koita along with batchmates from IIT- Mumbai.
13 Mar, 2014, 02.19 AM IST
CitiusTech plans to offload up to 25 per cent to fund expansionThe proposed fund-raising exercise is aimed at expanding the company’s operations to Europe and the Middle East.
16 Jan, 2014, 11.05 AM IST