Infinx plans $300 million IPO in India, appoints three bankers
Infinx Technology Solutions has appointed three major investment banks to manage a planned $300 million initial public offering in India. Backed by private equity heavyweights, the healthcare IT firm targets a market debut by fiscal year 2028.
Infinx Technology Solutions has engaged Kotak Mahindra Capital, Nomura, and Avendus to spearhead its upcoming $300 million IPO in India, slated for fiscal year 2028. The healthcare IT and revenue cycle management provider leverages artificial intelligence to streamline administrative workflows for medical providers. Backed by prominent institutional investors KKR and Norwest Venture Partners, the company has scaled aggressively through organic growth and strategic acquisitions. The planned public offering reflects the growing appetite for tech-enabled healthcare services and robust equity capital markets in India. Successful execution of the IPO would provide substantial liquidity for early investors and fuel the firm's next phase of global expansion.
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