Infinx plans $300 million IPO in India, appoints three bankers

economictimes.indiatimes.com · 2026-10-23

Infinx Technology Solutions has appointed Kotak Mahindra Capital, Nomura and Avendus to manage its proposed $300 million IPO, targeting FY28. Backed by KKR and Norwest Venture Partners, the healthcare IT firm provides AI-powered revenue cycle management services and has expanded through strategic investments and acquisitions, including i3 Verticals healthcare business.

TickrTrends take: Infinx's plans for a 300 million dollar IPO in India represent a significant capital raise that could strengthen its market position within the Technology sector. Given TickrTrends' current undervalued assessment of IIIV, investors focused on valuation metrics should monitor how the IPO proceeds are deployed and whether they contribute to revenue growth or margin expansion that might justify current pricing. The appointment of three bankers to manage this offering suggests institutional confidence in the transaction's scale and may provide insight into management's strategic priorities and growth trajectory.

Read the full story at economictimes.indiatimes.com →