Healthcare-focused fintech startup SaveIN raises fresh funding from Bayhouse Capital, others
- ByStartupStory | July 15, 2022
The creators of 10X Group and Guernsey-based Bayhouse Capital contributed new money to healthcare-focused fintech firm SaveIN’s two seed rounds, the company announced on Thursday. With the most recent rounds, SaveIN’s total seed funding raised reached over $7 million (around Rs 54.6 crore).
Jitin Bhasin, a former banker and fintech expert, founded SaveIN in 2020 with the collaboration of Gaurav Luthra, a former founder of What’s Up Life, and Anurag Varma (ex-EY Hong Kong). The Gurugram-based company stated that it had increased the reach of its care now, pay later solution to more than 1,000 healthcare and wellness providers throughout India.
“Since the beginning of our company’s operations in January of this year, we have expanded to over 1,000 partners, and during the past three months, we have raised a total of $7 million in startup capital. We still have a long way to go because India has more than two million healthcare providers, according to Jitin Bhasin, founder and CEO of SaveIN.
“By assisting consumers in breaking down their healthcare and wellness expenses into manageable EMIs, we are serving a sizable market in India. In collaboration with our network of healthcare providers, we support the entire process in a tech-enabled environment for these need-based services and procedures, he continued.
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