Healthcare-focused fintech startup Care.fi has successfully raised ₹8 crore in debt financing, with ₹5 crore from Wint Wealth and ₹3 crore from Caspian, an impact debt capital provider. This funding round comes on the heels of Care.fi’s previous financial boost, including $2 million (₹16 crore) from Trifecta Capital and ₹5 crore from UC Inclusive Credit just three months ago.
Co-founded by Sidak Singh and Vikrant Agarwal in 2021, Care.fi focuses on offering smart financing solutions to hospitals, healthcare professionals, and suppliers, addressing key funding gaps in the healthcare sector. The Gurugram-based startup plans to utilize the funds to enhance its market presence and optimize its hospital management fintech solutions.
With collaborations across 50 hospitals and over 2,000 patients served, Care.fi has seen rapid growth, with total disbursals surging fourfold in the last year to $48 million (₹400 crore). The startup also achieved a significant milestone by obtaining a non-banking financial company (NBFC) license within two years of its inception.
Key Highlights:
- Care.fi raised ₹8 crore in debt financing from Wint Wealth and Caspian to expand healthcare fintech operations.
- The startup collaborates with over 50 hospitals and has achieved $48 million (₹400 crore) in cumulative disbursals.
- Care.fi secured an NBFC license within two years of its founding, solidifying its position in the healthcare fintech sector.