As its fifth acquisition, Practo Technologies Pvt. Ltd., a healthcare services platform has acquired Enlightiks Business Solutions Pvt. Ltd., a Bangalore-based analytics startup at an undisclosed amount.
The whole Enlightik’s team, which consists of 50 members, will join Practo. As per the statement given to the media by the company, this team will act as the analytics business unit within the company. This unit is supposed to be headed by Vamsi Kasivajjala, the co-founder and chief executive officer of Enlightiks.
This acquisition made by Practo will bring the company to help make its vision come true, which is to simplify healthcare by providing end to end solutions for the entire ecosystem.
Shashank ND, Founder & CEO of Practo said in a statement, “This brings Practo closer to its vision of simplifying healthcare by providing end to end solutions for the entire ecosystem. With Querent (Enlightik’s business intelligence unit), we will be able to help CXOs make their enterprises run more efficiently which should improve the overall quality of care while making it more affordable.”
This new acquisition of Practo, Enlightiks provides business intelligence solutions to health and wellness enterprises, which includes the Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute in Mumbai.
“We chose Practo so that we can collaborate and work towards offering superior, comprehensive and integrated solutions for healthcare providers”, said Vamsi Kasivajjala, Co-Founder & CEO of Enlightiks.