Syra Health, a startup health care and life sciences company, plans to expand operations in Carmel, Indiana. The company committed to creating up to 150 new jobs by the end of 2025 and has already hired 24 toward its goal.
The company currently occupies 4,000 square feet of office space at 1119 Keystone Way N. in Carmel. The company will invest $566,000 to lease and equip an 5,000 additional square feet of office space, allowing it to increase its service and product offerings and better serve its health care and life sciences customers across the country.
“At Syra Health, we are continuously striving to improve patient care and patient engagement with innovative solutions in medical education and communications,” said Deepika Vuppalanchi, Ph.D., Syra Health CEO. “Our team is also focused on strengthening value-based care models and ensuring continuity of care with resourcing an optimal number of clinical care professionals in our local and regional hospitals. We are well within our reach of achieving our goal of 150 jobs in the Indiana health care ecosystem in less than two years.”
The Indiana Economic Development Corporation (IEDC) offered Syra Health Corp. up to $2.1 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Carmel supports the project.
"Indiana has earned a reputation as a global leader in life sciences, offering companies like Syra Health the perfect environment for exploration, experimentation and innovation," said Governor Eric J. Holcomb. "I’m confident Indiana’s pro-business environment and talented workforce will allow the company to grow and thrive here as they work to deliver critical health care solutions.”