Archive · 13 Jun 2025
CitiusTech Explores Acquisitions, IPO Evaluation in Healthcare Tech
CitiusTech, a company that helps healthcare businesses with technology, is planning to grow.
They are thinking about buying other companies and might sell stock to the public through an IPO, either in the US or India.
They primarily work in the US, and are also looking to expand into Europe and Japan.
The company is targeting to buy two companies this year to help them grow.
They expect good revenue growth in the coming years.
They believe new AI tools will help them, since many of their clients are already using them.
CitiusTech, a healthcare technology services company, is exploring acquisitions.
The company is evaluating an IPO this year in the US or India.
CitiusTech's primary market is the US, accounting for 95% of its revenues.
The company aims to make two acquisitions this year, focusing on Europe and the healthcare provider market.
CitiusTech anticipates mid-teens revenue growth in FY26.
- Who
- CitiusTech, a healthcare technology services company backed by Bain Capital.
- What
- CitiusTech is exploring acquisitions and evaluating an IPO.
- When
- The company is evaluating an IPO this year and targeting acquisitions this year.
- Where
- The company is considering listing in either India or the US. It is also planning expansions in Europe and Japan.
- Why
- The company is looking to grow through acquisitions and potentially an IPO.
- Company
- CitiusTech
- Industry
- Healthcare Technology Services
- Investors
- Bain Capital, EQT Private Capital Asia
- Revenue FY24
- ₹3,536 crore
- Profit FY24
- ₹350 crore
- FY26 Revenue Growth Expectation
- Mid-teens