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Healthcare technology company HGS Healthcare has rebranded itself as Sagility and targets to become a USD 1 billion firm in terms of revenue by 2026, a top official of the company has said. The company closed 2021-22 with a revenue of USD 460 million. "From tonight, Sagility will be the go-forward name for us and we will sunset the HGS Healthcare brand name. We ended the financial year with USD 460 million in revenue and the goal is to try and be a billion dollar company by 2026," Sagility Group CEO Ramesh Gopalan said. The Hinduja Global Solutions' healthcare unit started operations in 2000 and it was acquired by Baring Private Equity Asia for about USD 1.2 billion in August last year. The company, now based out of Colorado has more than 25,000 employees across 5 countries -- India, the Philippines, Jamaica, Colombia and the US. "Right now, we have a very strong presence in the large category of customers, large health insurances. Going forward we will continue to focus on the la
: The 20th edition of BioAsia, the marquee life sciences and health tech event, hosted by the Telangana government, will be held from February 24 to 26 next year. KT Rama Rao, Minister for Industries and Commerce, along with Jayesh Ranjan, Principal Secretary (I&C) and Shakthi Nagappan, Director, Life Sciences and CEO of BioAsia, launched the logo and the theme Advancing for ONE: Shaping the next generation of humanized healthcare of BioAsia 2023, an official release said on Tuesday. "I'm pleased to announce the 20th edition of BioAsia. As the world has begun to return to normalcy, we are geared to host next year's grand event in-person and host a galaxy of world leaders in Hyderabad. The event has truly evolved over the years as a pre-eminent global meeting for researchers, academia, industry, healthcare providers and policy makers to discuss collaborative opportunities, Rama Rao said. BioAsia 2022 was extremely successful with virtual participation of about 37,500 delegates from