Virinchi Ltd. Restructures SaaS Business into Subsidiary

Virinchi Ltd., an IT company, is changing how it runs its Software-as-a-Service (SaaS) business.

They are making it a separate company, fully owned by them, to help the company and its investors.

The goal is to make the company's value go up.

They might sell part of this new SaaS business to others to raise money.

The money raised will be used to pay off the company's debts and to put more resources into its hospital business.

In the first few months of 2025, the company made more money overall than the same time last year, but the gains were smaller in the combined numbers.