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Shiv Nadar, Sanjay Kalra line up $500 mn to buy IT cos

HCL Tech founder and chairman Shiv Nadar has partnered with tech industry veteran Sanjay Kalra to launch an investment firm that will invest up to $500 million (about Rs 3,316 crore) to buy out IT product and platform companies in the US and India. The investment firm, Shiv Nadar and Sanjay Kalra Associates LLP (SNSK), will focus on healthcare technology investments, a statement on Monday said. 
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