New Delhi, Sept. 20 -- The Calcutta High Court has approved a landmark settlement between Indian affordable and digital healthcare pioneer Glocal Healthcare Systems Pvt Ltd and US-based UpHealth Holdings Inc, bringing an end to protracted multi-jurisdictional million-dollar litigation.

The approval follows a parallel order passed by the US Bankruptcy Court for the District of Delaware on September 11, 2025, where UpHealth Holdings Inc. is undergoing bankruptcy proceedings.

Under the settlement, the Glocal parties will receive a USD 37.5 million claim in UpHealth Inc.'s liquidation. In return, they will pay USD 10 million, among other things, to acquire the remaining equity held by UpHealth, resulting in a net gain in value of USD 27.5 m...