The absence of seed capital and venture funding support notwithstanding, a couple of startups in the technology space have relocated to Punjab in the past few years. According to entrepreneurs, low operating cost and good Wi-Fi infrastructure are major factors for attracting new investments.
Jorie Healthcare Partners, a Chicago-based company providing revenue cycle management and practice management services to the US healthcare industry, set up an Indian arm тАФ Jorie Healthcare (P) Ltd тАФ in Mohali with an investment of over $7 million in September 2019. Since its inception, it has grown from 11 employees to over 250 today.