Sagility India Limited

Sagility India Limited is a healthcare focused business process management company that serves the United States healthcare industry. It works with two kinds of clients: Payers, meaning health insurers who fund and reimburse the cost of care, and Providers, meaning hospitals, physician groups, laboratories and medical device companies. For Payers the company handles functions such as claims administration, enrollment and clinical support, while for Providers it manages revenue cycle related tasks such as billing and collections. The company was incorporated in 2021 and traces its roots to a carve out of a healthcare services business that has served US healthcare clients for many years. It operates through a global delivery network spanning more than thirty locations across India, the Philippines, the United States, Jamaica and Colombia, and employs a workforce of well over thirty thousand people, with women making up a majority of that workforce. Its client base includes several of the ten largest health insurers in the United States, and the company has continued to add new client relationships in recent years. Sagility operates in the specialised segment of technology enabled services for the healthcare payer and provider ecosystem, a market it describes as large and relatively resilient because healthcare spending tends to continue regardless of broader economic cycles. Its growth is driven by insurers and hospital systems increasingly outsourcing non-core administrative and clinical-support functions to reduce cost and improve efficiency, a trend the company aims to keep benefiting from through deeper existing relationships and new client additions.

Ahead of the issue opening, the company raised about Rs 945 crore from anchor investors through the allotment of shares at the IPO price of Rs 30 per share, representing a significant majority of the institutional portion of the offering.