Healthtech Unicorn Innovaccer In Talks To Raise $250 Mn From Kaiser Permanente
India, May 2 -- Healthtech unicorn Innovaccer is reportedly in talks with the US-based health and insurance major Kaiser Permanente to raise a funding in the range of $200 Mn-$250 Mn.
The Abhinav Shashank-led startup will secure the fresh capital in a mix of primary and secondary funding, a report by ET said.
"Kaiser has been in talks with Innovaccer for a while but this time the talks are progressing steadily between the two. It is also a customer of Innovaccer's services," the report cited a source as saying.
Meanwhile, a report by TechCrunch said that this would be a downround for the startup. If the funding talks materialise, its valuation will be reduced to somewhere in the range of $2.5 Bn-$3 Bn. The startup last raised $150 Mn i...
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