PE fund InvAscent puts $10 million in health-tech SaaS firm ABI Health Technologies
Healthcare and life sciences focused private equity investor InvAscent, through India Life Sciences Fund IV, has invested $10 million to acquire a minority stake in ABI Health Technologies Private Limited Ltd, a health-tech Software as a Service (SaaS) company headquartered in Bangalore.
Founded in 2018 by Ajit Veerappan, ABI is a health-tech SaaS business which provides technology solutions to hospitals and diagnostic Labs.