[Funding News] Healthcare Focused Fintech Startup Care.fi Secures $2.6 Mn Funding Round from Trifecta Capital

Care.fi, a fintech startup with a focus on healthcare, has secured $2 million (equivalent to Rs 16 crore) in debt capital from Trifecta Capital. Additionally, it has received an extra $0.6 million (equivalent to Rs 5 crore) from UC Inclusive Credit.

The funds will be used to increase the company’s book size, expand its operations, improve the business, and bolster the staff size.

Care.fi is a fintech startup that provides intelligent finance solutions to hospitals, doctors, and related suppliers. It serves to address the financial shortfalls in the healthcare sector. The organization caters to the financial requirements of healthcare professionals and institutions, enabling more efficient operations and faster expansion.

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Care.fi collaborates with a network of more than 50 institutions and has provided assistance to over 2,000 patients. Additionally, it asserts that its overall disbursements grew fourfold, reaching a cumulative amount of $48 million (Rs 400 crore).

About Care.fi

Founded in 2021 by Vikrant Agrawal, Care.fi is a new-age fintech startup, and is technologically driven to provide smart financing solutions to hospitals, doctors, and allied suppliers.

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