Home Insight FUNDING NEWS- Newly Funded Startups 2024 Fintech Startup SaveIN Raises Seed Round Funding

[Funding alert] Fintech Startup SaveIN Raises Seed Round Funding

[Funding alert] Fintech Startup SaveIN Raises Seed Round Funding
Startup SaveIN in healthcare fintech reported raising an undisclosed sum of money through a seed round headed by Pioneer Fund.

Startup SaveIN in healthcare fintech reported raising an undisclosed sum of money through a seed round headed by Pioneer Fund.

The 2020 company, which was started by Anurag Varma, Gaurav Luthra, and Jitin Bhasin, has secured $8 million over the last nine months from investors including Y-Combinator, 10X Founders, Goodwater Capital, Bayhouse Capital, Soma Capital, and Leonis Investissement, as per reported by Entrepreneur.com.

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Jitin Bhasin, Founder and CEO, SaveIN shared “We are truly humbled by the unwavering support we continue to receive from investors and partners alike. This funding round from existing investors, especially in the current phase, is a standout endorsement of our unique approach towards building a truly transformational business and need based business at the cusp of healthcare and finance. We will continue to invest in People, Product and distribution, to realize our vision of facilitating hyper-local, quality healthcare with enhanced affordability for one and all. Being healthy is priceless and SaveIN is committed to simplifying healthcare for Indians using the best of technology and relentless execution.”

SaveIN is a fintech platform that enables healthcare providers to split the medical expenses of their customers into 0% EMIs. Thousands of healthcare providers trust them when it comes to enhancing affordability in private healthcare.

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Tiffany Kuo, Senior Venture Partner at Pioneer Fund shared “We have been an early backer of SaveIN and a big believer that making healthcare more affordable is a great unmet need and thus offers unprecedented opportunities over the next decade. While the problem SaveIN is solving has a universal appeal, we have closely observed their execution in India market and couldn’t be more excited to double down on our investment. They have run an extremely efficient business while scaling up rapidly since their launch earlier this year. We are confident that team SaveIN is best placed to address this vast market in India and beyond over the next years.”

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SaveIN is a fintech company that works in association with banks, non-banking financial companies and payment partners to bring to you the best of products, services and experiences along with peace of mind in a highly secure environment.

About SaveIN

SaveIN is a fintech platform that aims to revolutionize how Indians access quality healthcare with enhanced affordability, by offering embedded finance at healthcare clinics and wellness centers.

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