India Digest: Wheelocity raises $15m; TA Associates to buy Vee Healthtek

India Digest: Wheelocity raises $15m; TA Associates to buy Vee Healthtek

Selvam_VMS_Founder_and_CEO_of_Wheelocity

Logistics and supply chain firm Wheelocity on Tuesday said it has raised a $15 million funding round led by existing investor Lightspeed. Separately, US private equity fund, TA Associates, will acquire the Bengaluru- and US-based revenue cycle management (RCM) services provider Vee Healthtek for $250 million, the Economic Times reported.

Edited by: Pramod Mathew