HealthCRED, a startup specializing in B2B healthcare finance, has successfully secured $1.2 million in its initial funding round. The funding was primarily driven by Antler India, TRTL VC, DeVC, iSeedVC, and Angel List India.
The funds will be utilized to improve client connections and extend business activities to the Southern and Western regions of the nation. In addition, the company will recruit new skilled individuals and create B2B loan onboarding and loan management systems.
Read also – Kazam Secures $8 Mn Funding Round from Vertex Ventures
The funding round also attracted the involvement of angel investors such as Dr Subho Ray (President, IAMAI), Nitin Gupta (CEO, Uni Cards), Amit Lakhotia (CEO, ParkPlus), as well as the creators of InsuranceDekho and SEA-based Docquity.
HealthCRED offers efficient, thorough, and flexible financial solutions specifically designed for the healthcare industry.
About HealthCRED
Founded in 2022 by Shrey Jain and Arpit Jangir, HealthCred stabilizes cash flows for healthcare stakeholders (hospitals, medical device/drug manufacturers, distributors, importers, and more) through custom financing solutions at fair and flexible pricing.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.