MALVERN, PA — Prana Life Sciences this week announced the acquisition of the Life Sciences division of Rudhra Info Solutions (RIS), a Chennai-based CRM implementation company. This acquisition, formalized through a definitive agreement, marks a pivotal step in Prana’s strategy to enhance its service offerings across the globe.
Established in 2012, RIS is known for its specialization in healthcare and life sciences industries, providing CRM solutions to some of the world’s leading brands, including Fortune 500 companies. The acquisition is set to expand Prana’s reach, leveraging RIS’s presence in the USA, India, the UK, and Canada.
“This acquisition represents a significant milestone for Prana Life Sciences, allowing us to leverage the technological expertise and deep CRM expertise in commercial domain knowledge that RIS brings to the table,” said Giridhar Masireddy, Co-founder and CEO of Prana Life Sciences. “By combining our strength in the R&D and Commercial space, we can accelerate our efforts to deliver top-tier holistic solutions in the life sciences sector, empowering healthcare providers and patients alike.”
RIS brings to Prana a robust team of domain experts in commercial, medical, and digital marketing tailored for the life sciences industry. With a strong focus on data and AI, RIS is poised to enhance Prana’s capabilities in integrating business logic with technology, driving insights that lead to improved health outcomes.
“This acquisition will allow us to expand our footprint globally and leverage cutting-edge AI technologies to solve the critical problems faced by the industry to bring medicines faster to the market,” stated Bhaskar Kende, Co-founder and COO of Prana Life Sciences. “We are excited to welcome the RIS team to the Prana family.”
Gunasekhar Padarthi, founder and CTO of RIS, expressed optimism about the merger, noting, “The opportunities ahead of us are phenomenal with this merger. The cross-selling opportunities between the R&D and Commercial clients will allow the company to grow faster. The strong technical team at RIS will bring solutions for both commercial and for R&D clients.”
As Prana Life Sciences integrates RIS’s capabilities, the combined expertise is expected to foster innovation and broaden Prana’s impact in empowering healthcare providers and improving patient outcomes globally.
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