KKR invests in healthcare revenue solutions provider Infinx
IMT News Desk
KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growthKKR, a leading global investment firm, and Infinx Services, an AI-driven healthcare revenue cycle solutions provider, announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund. Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth, expand the company’s network, and support bolt-on acquisitions. Norwest Venture Partners, an existing shareholder, also participated in the transaction.Infinx’s Healthcare Revenue Cloud platform supports end-to-end revenue cycle business functions utilizsing AI, automation, payer integration and workforce management. Akshay Tanna, Partner and Head of India Private Equity, KKR, said, “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. We look forward to leveraging KKR’s industry and operational expertise to further enhance Infinx’s scale and capabilities, and collaborating closely with Jaideep, Sudeep and their talented team to take Infinx to its next stage of growth.”Jaideep Tandon, CEO, Infinx, added, “With KKR’s support, network and differentiated expertise, we are even better positioned to accelerate our growth, and continue our investment in innovative solutions to help improve the financial health of healthcare providers. Our customers have come to rely on our solutions to reduce administrative burden and revenue leakage so that they can focus on what they do best – delivering exceptional care to their patients and broadening their access to healthcare.”Sudeep Tandon, Managing Director, Infinx, commented, “The strategic partnership with KKR will allow us to accelerate our growth through continued strategic acquisitions and to broaden our market reach to new healthcare specialties. We look forward to leveraging KKR’s deep healthcare and technology experience to increase our investments in AI, predictive analytics and automation.”Shiv Chaudhary, MD, Norwest India, added, “Infinx has delivered high growth and built a strong foundation since our first investment in 2021. We are excited to invest further in this financing and welcome KKR as an investor. With its differentiated offering, seasoned team and proven customer success, Infinx is well positioned to become a leader in this very large market.”
