The strategic acquisition aims to boost Perfios’ footprint in the healthcare insurance space with advanced claims management solutions
In a strategic move aimed at deepening its presence in the insurance technology space, fintech unicorn Perfios has announced the acquisition of healthtech firm IHX. The acquisition is seen as a significant step toward enhancing Perfios’ capabilities in claims management—especially in the growing and complex field of healthcare insurance.
While the financial details of the transaction have not been disclosed, the acquisition aligns with Perfios’ broader goal of becoming a comprehensive financial infrastructure provider across multiple sectors, including healthcare, insurance, and financial services.
Strengthening Insurance Claims Management
Perfios, best known for its real-time credit decisioning and financial data aggregation solutions, sees the addition of IHX as a way to expand into health insurance claims management, an area that demands seamless data exchange, compliance, and fraud prevention.
IHX (Indian Health Exchange) brings with it a suite of technologies focused on streamlining healthcare claims processing for insurers, third-party administrators (TPAs), and hospital networks. These capabilities will now be integrated into Perfios’ existing technology stack, enabling a more robust, end-to-end solution for the insurance sector.
Why Healthtech and Why Now?
India’s health insurance market has seen exponential growth in recent years, driven by rising healthcare costs, digital adoption, and increased awareness post-COVID-19. However, challenges such as claims inefficiency, data silos, and fraudulent claims persist.
By acquiring IHX, Perfios can now offer a more vertically integrated solution that covers not only financial data processing but also real-time medical claims management—helping insurers make faster, data-driven decisions.
The move reflects a growing trend of convergence between fintech and healthtech, where companies aim to build cross-sector solutions that reduce friction and improve service delivery in highly regulated industries.
Strategic Synergies and Market Impact
This acquisition allows Perfios to offer expanded services in areas such as:
Automated health claims adjudication
AI-driven fraud detection
Digital onboarding of hospitals and clinics
Real-time status tracking for policyholders
These capabilities are likely to appeal to insurance companies, digital health platforms, and government health schemes, all of whom are seeking to digitize and streamline operations.
Perfios already serves over 500 financial institutions across 18 countries and has been scaling rapidly through product expansion and global partnerships. The acquisition of IHX further positions Perfios as a key player in health insurance tech, a segment expected to grow multi-fold over the next decade.
A Broader Vision for Fintech Infrastructure
Perfios’ leadership has made it clear that the company is evolving from being a pure-play financial data platform to becoming an integrated fintech infrastructure provider. The IHX deal is a step toward that vision, expanding Perfios’ reach into a new but complementary vertical.
Conclusion
Perfios’ acquisition of IHX marks a pivotal moment in the fintech-healthtech convergence space. With this move, Perfios not only strengthens its claims management capabilities but also sets the stage for larger integration of financial and healthcare services in India’s growing digital economy. As healthcare and insurance continue to digitize, Perfios is now better equipped to serve the future of seamless, data-driven financial and medical ecosystems.
