AI assistant
Aurionpro Solutions Ltd. — M&A Activity 2022
Sep 5, 2022
60353_rns_2022-09-05_77146784-9e2e-4ddf-8a9e-4ae31a51fc9e.pdf
M&A Activity
Open in viewerOpens in your device viewer
==> picture [84 x 33] intentionally omitted <==
5[th] September,2022
To, Deptt. Of Corporate Services- Listing National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai – 400051
Sub: Press Release
Dear Sir/Madam,
Please find attached Press Release tilted “ Aurionpro acquires Hello Patients Solutions Inc, a startup based in USA.”
For Aurionpro Solutions Ltd
Digitally signed by NINAD PRABHAKAR KELKAR NINAD DN: c=IN, o=Personal, postalCode=421201, st=Maharashtra, 2.5.4.20=1eee180280747b1af63bb35bc9244f20f 336269a950dbc5db7904fd0bf0b9de7, PRABHAKA pseudonym=9529BB9D0D2695374350EE5C536E5206B651CEC4, serialNumber=6257EA305D4077CDA243F29B13 R KELKAR E49FF4E8F988F988115D718BF4D123F6399C2C, cn=NINAD PRABHAKAR KELKAR Date: 2022.09.05 13:22:57 +05'30' Ninad Kelkar Company Secretary
Phone +91 22 4040 7070 [email protected] Fax +91 22 4040 7080 www.aurionpro.com CIN: L99999MH1997PLC111637
Aurionpro Solutions Limited
Synergia IT Park, Plot No. R-270 T.T.C.
Industrial Estate, Gautam Nagar, Near Rabale Police Station, Rabale,Navi Mumbai 400701. MH-India.
==> picture [91 x 19] intentionally omitted <==
Aurionpro acquires Hello Patients Solutions Inc, a startup based in USA
Mumbai, 5 September, 2022
Aurionpro Fintech Inc., an Aurionpro subsidiary based in USA, announces acquisition of Real Patient Solutions Inc. d.b.a. Hello Patients Solutions Inc ( Hello Patients ), a startup registered in the State of Delaware, USA. Hello Patients provides a healthcare billing and patients’ management solution that leverages Aurionpro’s technology for payments processing. Aurionpro Fintech Inc. provides technology platform to payments service providers in USA.
Hello Patients is designed to revolutionize patient engagement and practice management through its cutting edge SaaS solution and integrated with Aurionpro payment capabilities, the transaction enables Aurionpro to gain significant capability in this exciting growth market. This opportunity to acquire a promising, high-growth firm with strong technology assets and a highly experienced team, came about due to the current very difficult funding environment for technology startups globally. Through this acquisition Aurionpro will acquire the entire stake in Hello Patients in an all cash transaction for a consideration of US$ 250,000. Aurionpro’s unique positioning as a global provider of IP-led platforms as well as strong balance sheet enabled it to execute swiftly on this unique opportunity that aligns very well with its long term strategy and creates significant long term value for shareholders.
Mr. Raj Biyani, EVP-North America , while announcing this deal said that “ this acquisition will open a new line of recurring revenue stream, inclusive of SaaS and processing revenue. There is a very strong business case and this aligns very well with our long term strategy as well as our tech initiatives such as intelligent Chatbot in healthcare vertical. This transaction has the potential to elevate the current Hello Patients offerings and create significant revenue growth. In future, we plan to extend the offerings to other geographies including India jointly with AuroPay .”
About Aurionpro
Aurionpro Solutions Limited (NSE: AURIONPRO) (BSE: 532668) is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments and Government sectors. We converge multiple technology solutions under our umbrella, acting as one platform for Advanced and Accelerated Platform-led Transformation, guiding businesses to ADAPT to a new paradigm in Digital. Headquartered in Mumbai, India, we are bringing this to reality across global locations, pillared on the expertise and commitment of 1700 plus passionate people supporting the Aurionpro journey. For more information, visit www.aurionpro.com
Contacts
Ninad Kelkar [email protected] Monikarjun Dutta- [email protected]
Synergia IT Park, Plot No. R-270 Phone +91 22 4040 7070 [email protected] T.T.C. Industrial Estate, Gautam Fax +91 22 4040 7080 www.aurionpro.com Nagar, Near Rabale Police CIN: L99999MH1997PLC111637 Station, Rabale,Navi Mumbai 400701. MH-India.
Aurionpro Solutions Limited