Securekloud Technologies Limited announced on 26 May 2025 that its Board of Directors took note of significant corporate developments:
- Healthcare Triangle Inc. (HCTI) has become a direct subsidiary of Securekloud Technologies Limited, based on Mr. Suresh Venkatachari’s super voting rights and resulting control.
- HCTI has incorporated a new wholly-owned subsidiary named QuantumNexis Inc., a Delaware Corporation. This entity will function as a step-down subsidiary of Securekloud Technologies Limited.
- QuantumNexis Inc. is strategically designed to accelerate and lead the charge in AI-powered Healthcare SaaS.
- The Board also granted consent for HCTI to incorporate additional overseas subsidiary companies in Canada, UAE, and APAC regions.
- Details regarding QuantumNexis Inc.:
- Name of the Entity: QuantumNexis, Inc.
- Authorized Capital: USD 90,000,000 (Ninety million USD) in Common Shares and USD 10,000,000 (Ten million USD) in Preferred Shares.
- Paid-up Capital: USD 1,000 (one thousand USD).
- Turnover: NIL.
- The step-down subsidiary is considered a related party of the Company.
- Industry: Information Technology.
- Cost of acquisition: The contribution to initial share capital is at face value.
- Shareholding/Control: 100% of the shares of QuantumNexis, Inc. are held by Healthcare Triangle Inc.
- Background: The step-down wholly-owned subsidiary is incorporated in the State of Delaware, USA, and is yet to commence its business operations.