Innovaccer lays off 340 employees as it shifts to AI-native
NewsBytes | May 15, 2026 8:40 PM CST
Innovaccer valued above $3.4 billion
Despite the cuts, Innovaccer is still going strong, valued at over $3.4 billion, with ₹387.71 crore in revenue and ₹36.1 crore in profit last year.
They've raised $675 million since starting in 2014 and have a solid presence in US health care.
The move to more AI isn't just about cost-cutting.
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