Delhi-based B2B healthcare financing startup HealthCRED has raised $1.2 million in its seed funding round, led by Antler India, TRTL VC, DeVC, iSeedVC, and Angel List India.
The round also attracted participation from prominent angel investors, including Dr. Subho Ray, President of IAMAI; Nitin Gupta, CEO of Uni Cards; Amit Lakhotia, CEO of ParkPlus; and the founders of InsuranceDekho and SEA-based Docquity.
The fresh capital will be used to strengthen customer relationships and expand the company’s operations into Southern and Western India. Additionally, HealthCRED plans to hire new talent and develop advanced B2B loan onboarding and loan management systems to enhance its service offerings.
Founded in 2022 by Shrey Jain and Arpit Jangir, HealthCRED is focused on providing swift, comprehensive, and adaptable financing solutions specifically tailored to the healthcare sector. The startup collaborates with hospitals, specialized healthcare service providers (HSPs) in fields such as nephrology, oncology, and diagnostics, as well as insurers and pharmaceutical supply chain partners, to offer tailored financial solutions.
This seed funding marks a significant milestone for HealthCRED as it aims to further solidify its position in the healthcare financing market and expand its reach across India.
