Private equity giant KKR has bought a significant minority stake in healthcare SaaS company Infinx Services through its Asian Fund IV, the largest PE fund active in Asia.
In a press statement, the private equity major said it will leverage its experience in the global healthcare and technology sectors to help Infinx expand its network and support acquisitions for growth.
Besides KKR, Norwest Venture Partners, one of Infinx’s existing investors, also participated in the round.
“Digital transformation will play an increasingly important role in helping companies to streamline complex processes and improve productivity. Considering this tailwind, we are pleased to invest in Infinx given its comprehensive suite of flexible, tech-enabled offerings, strong management team and proven ability to serve healthcare providers,” said Akshay Tanna, partner and head of India private equity at KKR.
Read more at: https://inc42.com/buzz/pe-giant-kkr-backs-ai-powered-healthcare-saas-startup-infinx/
