Innovaccer Co-Founder and CEO Abhinav Shashank Receives IIT Kharagpur's Distinguished Alumnus Award at Platinum Jubilee Foundation Day

NEW DELHI, INDIA, August 19, 2026 : Innovaccer today announced that Abhinav Shashank, Co-Founder and CEO of Innovaccer, has been conferred the Distinguished Alumnus Award by the Indian Institute of Technology Kharagpur, the Institute's highest honor for its alumni. The award was presented at IIT Kharagpur's Platinum Jubilee Foundation Day ceremony on August 18, 2026.

The Distinguished Alumnus Award recognizes IIT Kharagpur alumni who have made exceptional contributions to their fields and brought distinction to the Institute through their professional achievements, leadership, and impact on society. Past recipients include some of the most recognized names in global technology and industry, among them Sundar Pichai, CEO of Google and Alphabet. Shashank, who studied at IIT Kharagpur before going on to co-found Innovaccer, joins a distinguished cohort of alumni who have gone on to shape industry, science, and public life across the world.

Since co-founding Innovaccer in 2014, Shashank has built the company into one of the most recognized healthcare AI platforms in the United States, raising $675 million and reaching a $3.5 billion valuation while serving more than 200 enterprise customers including some of the largest health systems and payers in the country. Under his leadership, Innovaccer has been named a Leader in the inaugural Gartner Magic Quadrant for Healthcare Provider Industry Cloud Platforms, recognized as 2026 Best in KLAS across three categories, and earned a fourth appearance on the Inc. 5000 list of America's fastest-growing private companies. The company's Healthcare Autonomy Platform today connects more than 100 million American patients and has generated more than $2.5 billion in documented savings across its customer base.

"This recognition from IIT Kharagpur means more to me than I can easily express," said Abhinav Shashank, Co-Founder and CEO of Innovaccer. "IIT Kharagpur is where I first understood what it means to take on hard problems with rigor and humility. Everything I have tried to build at Innovaccer, the conviction that healthcare's data fragmentation could be solved, that AI could make care delivery genuinely better for patients and clinicians, traces back to the foundation that institution gave me. I am deeply grateful to the institute for this honor, and I am especially grateful that my parents could be there to receive it."

About Innovaccer
Innovaccer makes healthcare operations autonomous, delivering better clinical and financial outcomes across health systems, payers, governments, and life sciences. Powered by the Healthcare Autonomy Platform, Innovaccer unifies enterprise data and applies AI to automate administrative work, strengthen operational performance, and drive measurable margin expansion. Organizations such as Orlando Health, Adventist HealthCare, and Banner Health trust Innovaccer to integrate intelligence into their existing infrastructure and elevate the quality of care. For more information, visit www.innovaccer.com.

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