Kedaara obtains significant stake in GAVS Technologies
Kedaara has acquired a significant majority stake in the US-based GAVS Technologies Limited (GAVS). Kedaara is a leading private equity firm, announced the acquisition of a significant majority stake in GAVS Technologies Limited (GAVS).
GAVS is an AI-led digital transformation company that aims on differentiated managed services and product engineering in healthcare and other verticals. It has grown its revenue at a stellar rate of 20 per cent+ over the last five years (10x+ in the last 10 years) and has partnered with a strong line of global clients in the US, India, and the Middle East.
Kedaara’s investment will help GAVS to accelerate business growth by leveraging the global relationships of Kedaara and Clayton, Dubilier & Rice, a global private equity firm and JV partner of Kedaara. The investment will enable GAVS to Accelerate business growth by leveraging global relationships of Kedaara and Clayton, Dubilier & Rice (CD&R), it will Deliver AI-led digital transformation services, enterprise managed services, and product engineering to a vast pool of customers globally, especially across healthcare enterprises, Drive growth of ZIF.ai (Zero Incident Framework) and will provide all its employees with an peaceful and growing environment.
GAVS has worked with BronxCare Health System, a leading healthcare provider in New York, to provide AI-led managed IT services and software support.
Sumit Ganguli, CEO of GAVS said, “Kedaara has significant experience in scaling businesses while retaining the entrepreneurial ethos in the portfolio companies.” Kedaara and CD&R will be the ideal partners for GAVS’ clients, employees, and its stated values.