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We had a great year in 2015-16. Virinchi has continued to
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with its software products and services in the North American
markets.
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increased need for additional infrastructure. Virinchi has addressed
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workers and takes the total seating capacity to 1500, giving 2nough
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launch of the flagship 350 bed hospital in the prime location of Banjara
Hills in Hyderabad. The hospital is coming up in four blocks in the same
‘campus. Currently the main block with 350 beds is operational while
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Bristlecone Hospitals Private Limited is in the process of being merged
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Virinchi has achieved 2 growth of 57.28% per cent during the year
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1,388 Million during the previous year. The revenue for the three
quarters of FY 2016-17 is Rs. 1,946.41 Million.
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beinga significant player in the information technology and heelthcare
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Consolidated operating revenue of Rs. 218
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has increased at a CAGR of 45% during the
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with Mobile App for Patients and Doctors
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In January 2017, Virinchi has signed a multi-
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& flagbearers of alternative financing industry
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prime location of Banjara Hills in Hyderabad
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Global Leadership in Alternate Financing Industry
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industry in North America. Virinchi has significantly increasec its market share in this domain and now the product is being,
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alternative financing industry in USA, based out of Midwestern region of USA, operating through their 300 branches
spread across 14 states of USA apart from lending through their online channels. Virinchi's Cloud solution will replace the
entire present IT infrastructure of the lender. Over the first three years of the contract starting Jan 2017, Virinchi is
expected to generate annuity revenue of $3.5 million and services revenue of another $2.5 million, leading to $6 million
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makesnew loan products, easy to configure and hence, placesit right up in a prospective client's assessment as they want to
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Virinchiis also working on deepening its association with existing clients of Qfund™ to grow the revenue.
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Virinchi has rolled out a fullfledged and completely integrated Hospital Information =
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On the services front, Virinchi through its 100% subsidiary Ksoft is implementing
projectsin Social, Mobility, Analytics and Cloud computing (SMAC) domains, in addition
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Asa part of this vision, Bristlecone Hospitals Private Limited (BCH) with 200 beds in
two locations, 60 beds in Barkatpura and 140 beds in Hayathnagar, both in Hyderabad
is being merged with Virinchi Ltd, BCH offers sophisticated diagnostic and therapeutic
care in most of the specialities of medicine and surgery. The scheme is approved by
the High Court of Judicature at Hyderabad for the State of Telangana and the State of
Andhra Pradesh andis effective from April 1, 2016.
Virinchi Limited, through its 100% subsidiary, Virinchi Healthcare Private Limited
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Banjara Hills in Hyderabad. The hospital is coming up in four blocks in the same campus. Currently the main block with
350 beds is just made operational while the second and third blocks with 150 economy beds will be operational in the 2”
quarter of FY 2017-18.
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Medicine, The hospital has some of the leading doctors in the country to provide superior care and best-in-class treatment
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precision, manoeuvrability, compactness and robustness standpoint to provide one-stop solution for all the clinical needs
Examples include 31 fMRI, Dual energy 128 slice CT scan, IVUS-FFR Cath Lab and Twin Detector Digital X ray, and Lab-
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The significant growth achieved during 2015-16 with the addition of new clients stretched the current infrastructure.
Virinchi addressed this requirement by shifting the Secunderabad facility to a much larger - 50,000 Sq ft facility in Banjara
Hills, Hyderabad, India. The new facility can accommodate 500 knowledge workers and takes the total seating capacity to
1500 giving enough scope for further business expansion. The facility is equipped with state-of-the-art infrastructure in
terms of systems, network connectivity, backup facilities, security systems, etc.
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Virinchi has made significant progress in its Quality initiatives during the last year. Virinchi
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CMMi Level 5 company in the next couple of years. Virinchi has been an ISO 9001:2000
certified company for software development processes and delivery for several years.
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taking all the necessary initiatives to recruit the best talent to meet its Human Resource requirements. During the last year
Virinchihas added new resources to its team taking the total Human Resource strength toat the end of 2015-16. Virinchi will
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