US private equity firm KKR & Co Tuesday said it has acquired a “significant” minority stake in Infinx Services Pvt Ltd, an AI-driven healthcare revenue cycle solutions provider owned by Tandon Group. Existing shareholder Norwest Venture Partners also topped up its investment in the company.
The acquisition will be made through KKR’s Asian Fund IV, aimed at leveraging the private equity major’s expertise in global healthcare and tecnology sectors to propel Infinx’s growth, expand its network, and support further acquisitions, as per a joint statement by KKR and Infinx.
Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx provides data-driven revenue cycle management solutions for the healthcare sector, primarily focusing on the US market.
Read more at https://www.vccircle.com/kkrinvests-in-healthcare-solutions-firm-infinx-norwest-venture-also-makes-top-up
