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

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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.