InvAscent invests $10-M in healthtech firm ABI

Healthcare and life sciences focused private equity investor InvAscent, through India Life Sciences Fund IV, has invested USD 10 million to acquire a minority stake in Bangalore headquartered ABI Health Technologies. Founded in 2018 by Ajit Veerappan, ABI is a health-tech SaaS business which provides technology solutions to hospitals and diagnostic Labs.