SaveIN, India’s leading embedded finance platform for healthcare has tied up with Kolors Healthcare, India’s leading chain of health and wellness clinics, to offer its Care now, Pay later offering.
Through this partnership, SaveIN will offer instant, zero cost EMIs to hundreds of thousands of Kolors customers across over 50 centers in30 cities across the country.
Read also – Ankur Capital Doubles Down On Deep Science, Invests Seed Capital In Two Biotech Startups
“India is changing rapidly and so are the choices that Indians make, especially with respect to their physical appearance and well-being. It is no surprise the dermatology and hair treatments are gaining mass popularity across age segments and should no longer be restricted only to the elite. We at SaveIN are excited to deepen our presence in this category and are delighted to welcome Kolors to SaveIN’s network of providers.Our on demand-0% EMIs for healthcare and wellness treatments are designed to make them much more accessible and affordable. I am confident thatKolors’ customers will benefit immensely from this new age credit facility, especially designed for healthcare domain”, said Jitin Bhasin, Founder & CEO, SaveIN.
Backed by Silicon Valley based leading technology investor, Y-Combinator, SaveIN allows individuals to split their medical bills into zero cost EMIs, an experience which was otherwise restricted largely to purchase of electronic gadgets, e-commerce transactions and mobile phones.
Since its launch in January this year, SaveIN has grown rapidly and has built a pan India network of1700+ healthcare providers including Dental, Eye Care, Veterinary, Dermatology, Hair treatments, Wellness, Multispecialty centers and alternate medicine among others.
Read also – [Funding alert] Crypto Platform Pillow Raises $18 mn in Series A Round
“We at Kolors are committed to delivering high quality and safe treatments across Dermatology, Hair and other wellness procedures. With changing lifestyles, choices, demographic profiles and awareness, we are witnessing a tremendous demand for such treatments and expect this to grow manifold over the next few years. This is where we believe SaveIN’s instant 0% EMIs is an automatic fit for us and our customers. We are impressed by the impact that can be created using their technology led instant credit solutions for healthcare and are very happy to tie up with SaveIN” said Dr. D Vijay Krishna, Managing Director, Kolors Healthcare.
SaveIN is fast establishing itself as a go-to platform for private healthcare providers andaims to expand to 5000 healthcare outlets across top Indian cities, by the end of this financial year.
The platform is partnering with individual healthcare centers and institutions alike, thereby creating India’s largest offline integrated healthcare ecosystem that enables hyper local discovery of vetted healthcare providers while simplifying the experience and enhancing affordability through zero cost EMIs.
Read also – Belong Education Acquires InternIn to bring skill-first hiring to Tier 2-3 India
SaveIN is a healthcare fintech company backed by silicon valley’s leading technology investor, Y Combinator, and has launched India’s first embedded finance product for healthcare.
The Gurugram-based startup, has secured over $7 million in seed funding from top US and European investors including Y-Combinator, Bayhouse Capital, 10X Founders and others.