MedRec Technologies
- Company typePrivate
- Founded2017
- HeadquartersUdaipur, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
MedRec Technologies firmographics
Firmographics- Name
- MedRec Technologies
- Legal name
- MedRec Technologies Pvt. Ltd
- Website
- https://medrectech.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where MedRec Technologies is headquartered
LocationHeadquarters
- HQ city
- Udaipur
- HQ country
- India
- HQ region
- Asia
Offices7 records
Markets served
MedRec Technologies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- GCC Team Management Services: MedRec operates as employer of record for India-based engineering teams, managing talent acquisition, payroll, benefits, compliance, workplace, and retention. Revenue is derived from managed service fees based on team size, engagement model, and scope of operations managed. Multiple engagement models available: Dedicated GCC Teams, BOT, Hybrid, Managed GCC, Staff Augmentation, and Centre of Excellence.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Multiple engagement models with different ownership structures and timelines |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
MedRec Technologies product offering
Product offeringCore offering
MedRec Technologies builds and operates dedicated India Global Capability Centre (GCC) engineering teams for enterprise technology companies in the UK, US, Europe, and India. Acting as employer of record, the company manages senior talent acquisition, onboarding, workplace, devices, people operations, compliance, security, and retention rhythm, while the client retains control of priorities, architecture, standards, and product decisions. Offerings span six engagement models—Build Operate Transfer, Dedicated GCC Teams, Hybrid GCC, Managed GCC, Staff Augmentation, and Centre of Excellence—delivered across thirteen industry verticals.
Product overview
MedRec Technologies is a Global Capability Centre (GCC) services company offering six distinct engagement models for building and operating dedicated India engineering teams: Build Operate Transfer (BOT), Dedicated GCC Teams, Hybrid GCC Model, Managed GCC, Staff Augmentation, and Centre of Excellence (CoE). These engagement models are complemented by seven capability practice areas—GCC Strategy & Operations, AI & Data Intelligence, Enterprise Engineering, Cloud/DevOps/Cybersecurity & Infrastructure, Quality & Reliability, Experience & Product, and Enterprise Operations—that shape teams across strategy, engineering, platform, quality, product, and operations. The company operates across thirteen industry verticals including SaaS & Enterprise Software, FinTech, Healthcare & HealthTech, and Pharma & Life Sciences.
Differentiator
Problem solved
Functional benefit
Products and services
- Build Operate Transfer (BOT) A GCC engagement model where MedRec builds and operates the India centre while the client retains strategic direction, with full operational transfer to the client after 3–5 years. Covers hiring, infrastructure, governance, scaling, and transition of people, systems, and operating knowledge. Suits companies that want a clear path to own the India footprint directly.
- Dedicated GCC Teams A named India team working inside the client's toolchain and ceremonies while MedRec remains employer of record. Suits companies with distributed engineering leadership needing durable capacity without operational ownership overhead, with a 60-day transition into live ceremonies.
- Hybrid GCC Model Combines senior roles positioned near stakeholders in the UK/US alongside scalable India delivery capacity. Operates through one backlog and leadership rhythm with explicit norms for architecture and incidents, with a 60-day transition.
- Managed GCC Fully managed delivery and operational execution where MedRec handles delivery rhythm, team operations, and escalation while the client retains product direction and business outcomes. Lowest operational lift for the client, with a 60-day transition.
- Staff Augmentation Named specialists who join client ceremonies under day-to-day management while MedRec remains employer of record. Provides rapid scaling for specific engineering or operational gaps with a 30-day transition, suitable for 6+ month engagements.
- Centre of Excellence (CoE) A specialist India team focused on platforms, AI, security, or design systems that multiple product teams can adopt. Optimizes for multi-year leverage with principal-level specialists working across product lines, with a 2+ year engagement and transfer or structured exit.
Quantifiable outcome
- 60% faster delivery cadence compared with filling the same roles locally
- +2 more outcomes
Companies that use MedRec Technologies
Customer profileSegments13 records
Ideal customer profiles3 records
MedRec Technologies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
MedRec Technologies partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
MedRec Technologies competitors and assessment
Company assessmentDirect peers
- Globant: Globant builds and operates dedicated engineering and digital teams for global enterprises, including GCC-style engagements. It is directly comparable to MedRec in offering embedded engineering teams with outcome-based delivery models.
- Mphasis: Mphasis operates a focused GCC and digital transformation services business serving enterprise technology clients, similar in target buyer profile and managed services model to MedRec.
- Nagarro: Nagarro provides distributed engineering teams and digital services to enterprise clients across multiple verticals. Comparable to MedRec in offering dedicated, embedded engineering teams with multi-region delivery.
- Persistent Systems: Persistent Systems delivers digital and software engineering services to enterprise technology and BFSI clients, often through dedicated team and GCC-style engagements, directly overlapping MedRec's go-to-market.
- Xoriant: Xoriant provides product engineering and digital transformation services with dedicated team models for global enterprises, comparable to MedRec in delivery structure and target verticals.
Broad incumbents
- Infosys: Infosys is a global IT services incumbent with established GCC and global delivery capabilities. It competes for the same enterprise engineering services mandates as MedRec but at much larger scale.
- Tata Consultancy Services: TCS operates the largest global delivery network among Indian IT services firms and competes for enterprise GCC and engineering services engagements. It dwarfs MedRec in scale and brand recognition.
- Wipro: Wipro offers full-stack IT services including dedicated engineering and GCC-style engagements, overlapping MedRec's buyer base and service catalogue at significantly larger scale.
- Cognizant: Cognizant provides enterprise digital, cloud and engineering services with dedicated global delivery teams, comparable to MedRec's offering but with substantially greater scale and enterprise references.
Emerging players
- Andela: Andela operates a global engineering talent marketplace with managed engineering teams for enterprise clients. It overlaps MedRec's positioning around senior engineering talent access, though with a different geographic mix and platform-driven model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MedRec Technologies social profiles
Digital presenceMedRec Technologies compliance and trust
Trust signalCompliance5 records
MedRec Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
MedRec Technologies leadership team
Management profileNumber of profiles
Profiles2 records
MedRec Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MedRec Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MedRec Technologies
What does MedRec Technologies do?
MedRec Technologies builds and operates dedicated India Global Capability Centre (GCC) engineering teams for enterprise technology companies in the UK, US, Europe, and India. Acting as employer of record, the company manages senior talent acquisition, onboarding, workplace, devices, people operations, compliance, security, and retention rhythm, while the client retains control of priorities, architecture, standards, and product decisions. Offerings span six engagement models—Build Operate Transfer, Dedicated GCC Teams, Hybrid GCC, Managed GCC, Staff Augmentation, and Centre of Excellence—delivered across thirteen industry verticals.
Is MedRec Technologies a public or private company?
MedRec Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MedRec Technologies founded?
MedRec Technologies was founded in 2017. It employs 101 to 250 people.
Where is MedRec Technologies based?
MedRec Technologies is headquartered in Udaipur, India, in the Asia region.
How does MedRec Technologies make money?
One revenue line is on record: GCC Team Management Services.
Who are MedRec Technologies's main competitors?
Direct peers on record are Globant, Mphasis, Nagarro, Persistent Systems and Xoriant. Broad incumbents are Infosys, Tata Consultancy Services, Wipro and Cognizant. Andela is listed as an emerging player.
Does MedRec Technologies have an API?
No public API is recorded for MedRec Technologies.