Healthcare Fintech Startup Care.fi Raises Rs 6 Cr Debt Round From RevX

Gurgaon-based healthcare focused fintech start-up Care.fi has raised Rs 6 crore in debt funding round from RevX. 

The funds will be used to boost its work under the Ayushman Bharat scheme, which now covers over 550 million people and has more than 29,000 partnered hospitals as of June 2024.

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In September last year, Care.fi raised Rs 8 crore in debt financing, including Rs 5 crore from Wint Wealth and Rs 3 crore in impact funding from Caspian Debt. Earlier in July, the Peak XV-backed startup also secured Rs 21 crore in debt funding from Trifecta Capital and UC Inclusive Credit.

About Care.fi 

Founded in 2021 by Sidak Singh and Vikrant Agrawal, Care.fi offers tech-based financial solutions to healthcare providers.

The startup says it has disbursed over ₹800 crore to more than 100 hospitals and obtained an NBFC license within just two years of starting.

Care.fi plans to use its backend expertise to speed up claim settlements and improve cash flow management for hospitals as the scheme becomes more centralized.

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