DBT Bureau
Pune, 28 April 2025
Perfios, India’s largest B2B SaaS TechFin, announced the strategic acquisition of IHX, a leading healthcare information exchange platform. The acquisition combines Perfios’ robust health data insights with IHX’s extensive ecosystem reach and is aimed to revolutionise the claims landscape in the health insurance sector.
IHX serves as the critical link between healthcare providers and payers, enabling seamless digital integration across the industry. The company maintains a dominant position in the health insurance claims landscape, currently processing over 40% of all cashless health insurance claims in India, representing over 10 million transactions and $1 billion claims annually.
IHX has a collaboration with 30,000 hospitals across 1200+ locations in India with 30+ payers, providing a vital connection to the $14 billion health insurance market and acting as a key entry point to the broader $600 billion healthcare market.
On announcing the acquisition, Sabyasachi Goswami, CEO, Perfios, said “The acquisition of IHX is a strategic leap in our mission to transform the healthcare claims landscape. IHX has long served as the backbone of India’s health claims ecosystem, and we are excited to welcome the IHX team into the Perfios family”, He added, “By combining IHX’s stronghold in the healthcare ecosystem with Perfios’ deep expertise in data intelligence and analytics, we are poised to drive greater efficiency, reduce claims turnaround time, and elevate the experience for both patients and healthcare providers.”
Mahesh Nagaraj, MD, IHX said, “Joining forces with Perfios marks an exciting new chapter for IHX. The combination of Perfios’ cutting-edge technology stack, advanced decision analytics, and global scale with IHX’s deep domain expertise, unique data exchange platform and trusted network across hospitals and payers sets the stage for our accelerated growth and expanded impact. This partnership enhances the value we bring to our clients, unlocks new opportunities for our team, and deepens our commitment to innovation, transparency, and excellence in health claims management.”
The acquisition of IHX follows Perfios’ recent strategic acquisitions of two companies, Clari5 and CreditNirvana, expanding their offerings in banking financial crime management, as well as in collections and debt management space respectively.
