About IHX
IHX is a company based in Bengaluru (India) founded in 2009 by Ambuj Kashyap, Ajay Bakshi, Mayank Tiwari, Sanjay Kalra, and Mahesh Nagaraj was acquired by Perfios in April 2025. IHX has raised $2.58 million across 1 funding round from investors including Perfios, Quik Solutions and Gaurav Deepak. The company has 130 employees as of April 11, 2024. IHX operates in a competitive market with competitors including Perfios, Optum, HMS, ABI Health and Cotiviti, among others.
- Headquarter Bengaluru, India
- Employees 130 as on 11 Apr, 2024
- Founders Ambuj Kashyap, Ajay Bakshi, Mayank Tiwari, Sanjay Kalra, Mahesh Nagaraj
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Ihx Private Limited
- Date of Incorporation 12 Sep, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$483.47 K (USD)29.13as on Mar 31, 2023
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Net Profit
-$2.47 M (USD)-146.12as on Mar 31, 2023
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EBITDA
-$2.25 M (USD)-176.62as on Mar 31, 2023
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Total Equity Funding
$2.58 M (USD)
in 1 rounds
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Latest Funding Round
$2.58 M (USD), Seed
Jun 30, 2023
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Investors
Perfios
& 8 more
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Employee Count
130
as on Apr 11, 2024
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Acquired by
Perfios
(Apr 28, 2025)
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People of IHX
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Funding Insights of IHX
IHX has successfully raised a total of $2.58M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.58 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in IHX
IHX has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Perfios, Quik Solutions and Gaurav Deepak.
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Venture capital fund investing in early-stage tech startups
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Delivers comprehensive enterprise software solutions for businesses.
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Investor details for IHX
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Investments & Acquisitions by IHX
Investment portfolio details for IHX
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Financial Statements - IHX
Detailed financials for IHX
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Ihx Comparisons
Peer comparison for IHX
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Competitors of IHX
IHX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Optum, HMS, ABI Health and Cotiviti, among others.
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Provides financial technology solutions for data analysis and verification globally.
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Optum is recognized as a leading health solution and care delivery organization.
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Suite of cost containment solutions is provided to health plans.
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AI-driven solutions for healthcare operations are provided.
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Analytics-driven payment accuracy solutions for healthcare payers are provided.
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Online claims processing is facilitated for the insurance industry.
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Detailed competitors of IHX
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Latest news on Ihx
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Frequently Asked Questions about IHX
IHX was founded in 2009 and raised its 1st funding round 14 years after it was founded.
IHX is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mahesh Nagaraj is the current CEO of IHX. They have also founded this company.
IHX is a funded company, having raised a total of $2.58M across 1 funding round to date.
As of Apr 11, 2024, the latest employee count at IHX is 130.
Annual revenue of IHX is $483.47K as on Mar 31, 2023.
IHX was founded in 2009 in Bengaluru, India, within the healthcare technology sector. A cloud-based platform is provided to support claims management, in-patient and out-patient operations, marketing, inventory control, and revenue cycle processes for hospitals. These services are designed to streamline administrative functions in medical facilities across the region.
IHX's top competitors include Perfios, Optum and ABI Health.
IHX has 9 investors. Key investors include Perfios, Quik Solutions, Gaurav Deepak, Sanjeev Bhalla, and Balesh Sharma.
The valuation of IHX is $45.13M as of Jun 2023.