PE Giant KKR Backs AI-Powered Healthcare SaaS Startup Infinx

SUMMARY

Founded by Sandeep Tandon and Jaideep Tandon in 2012, Infinx offers data-driven outsourcing services for the global healthcare market

Besides KKR, Norwest Venture Partners, one of Infinx’s existing investors, also participated in the round

In some of its core verticals, Infinx competes with healthtech unicorn Innovaccer and both companies primarily offer their products in the US

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. 

While KKR did not disclose deal size, a Moneycontrol report claimed the deal was worth $150 Mn.

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…

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