IPO
Carlyle-backed RCM firm Knack Global files for IPO
Carlyle-backed, Mohali, Punjab-headquartered Knack Global , which operates under the brand name Knack RCM, has filed preliminary papers for an initial public offering via the confidential route.Established in 2007 by Ankur Jain and Amit Sharma. the company provides revenue cycle management (RCM) and provider-credentialing services in healthcare, focusing on converting patient encounters into compliant reimbursements. Its offerings aim to reduce claim denials, reimbursement delays, and revenue leakage. The firm has a presence in the US and the Philippines, besides India.
In Aug 2025, Knack Global had attracted about USD 300-M from Carlyle.For FY25, Knack Global had reported about INR 278 Cr in Operating Income and about INR 32 Cr in PAT.
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