Innovaccer’s bid to balance India-US ops

Health cloud and data startup Innovaccer has jumped levels at a rapid clip in the past 18 months. It more than doubled its worth, from $1.3 billion in February 2021 to $3.2 billion in December, and grew its employee ranks from 600 last March to 1,668 now.

This period of expansion broadly aligned with the increasing global relevance of software as a service, or SaaS. It, however, also brought some obvious challenges for Innovaccer. For instance, the San Francisco-headquartered startup runs cross-functional teams in the US, its main market, and India, so time zones are often a headache for everyone.