Infinx appoints three bankers for planned $300 million India IPO
In short
Infinx Technology Solutions has hired Kotak Mahindra Capital, Nomura and Avendus to work on its planned $300 million IPO in India.
The company is aiming for FY28, but the reporting does not give the filing date or valuation. It says the firm is backed by KKR and Norwest Venture Partners and works in healthcare IT.
What the reporting says
Infinx Technology Solutions has appointed Kotak Mahindra Capital, Nomura and Avendus to manage its proposed $300 million IPO in India, targeting FY28. The publisher-supplied summary says the healthcare IT firm is backed by KKR and Norwest Venture Partners and uses AI-powered revenue cycle management services. The filing status, exact timing, and valuation are not stated in the available reporting.
Why it matters
Infinx Technology Solutions has appointed Kotak Mahindra Capital, Nomura and Avendus for a proposed $300 million IPO in India, with FY28 as the target. The summary identifies the company as a healthcare IT firm backed by KKR and Norwest Venture Partners, and says it has expanded through investments and acquisitions, including i3 Verticals’ healthcare business. The reporting does not state whether the IPO has been filed or approved.