BNPL For Healthcare SaveIN raises capital and brings total seed funding to 7 million

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SaveIN has built an enviable network comprising multi-center chains as well as individual healthcare providers and its business has grown almost 50 times since January this year.

Based in Gurugram, India’s first integrated healthcare finance platform, SaveIN has extended the reach of its Care now, Pay later product to over 1,000 healthcare and wellness providers across country, enabling on-demand credit and easy point-of-service IMEs. The startup recently raised more capital, bringing its total seed funding to over $7 million.

SaveIN is quickly establishing itself as a leader in the Indian healthcare fintech space. The company now has a presence in over 30 cities, including all major metros and Tier 1 sites, facilitating outpatient and elective healthcare procedures such as day surgeries, dental, dermatology, eye , veterinary care, hair care, gym memberships, preventative wellness and alternative therapies through its rapidly growing network of partners.

“Since launching our business in January of this year, we’ve grown to over 1,000 partners today, coinciding with us raising a total of $7 million in seed funding over the past year. last trimestre. This rapid growth and unwavering investor confidence underscores the widespread acceptance of our Care now, Pay later program and endorsement of our unique approach to building this transformational business. With over two million healthcare providers in India, we still have a long way to go and we will continue to invest in our people, our products and our distribution, to achieve our vision of facilitating hyper-local healthcare. and quality with increased accessibility for all,” says SaveIN Founder and CEO Jitin Bhasin.

In a fairly short span of six months since its launch, SaveIN has built an enviable network comprising of multi-center chains as well as individual healthcare providers and its business has grown almost 50 times since January this year. The startup not only focuses on medical care, but also on preventative wellness and alternative therapies.

“We serve a huge market in India, helping people split their health and wellness expenses into affordable EMI. These are needs-based services and procedures and we facilitate the entire process in a technological environment, in partnership with our network of healthcare providers. Being healthy is priceless and SaveIN is committed to simplifying healthcare for Indians,” Bhasin added.

In a country like India, where private health insurance penetration continues to be extremely low and out-of-pocket spending weighs heavily on individual savings, health is widely touted as the next frontier of on-demand credit. and SaveIN is uniquely positioned. to solve these problems in private health care

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