VC Fund Investments
BNPL platform for healthcare SaveIN raises addnl $3-M
Gurugram-based ‘buy now pay later' (BNPL) platform for healthcare SaveIN has raised more capital from its existing investors as a part of its seed funding round, taking the total amount raised to over USD 7 million. The newly raised capital is estimated to be about USD 3 million. The startup had announced raising USD 4 million as a part of the round in April. SaveIN would use the fresh funds to accelerate product development, and strengthen in-house teams in engineering, product, data science, and sales and for growing its network of healthcare providers. The firm had earlier raised funds from Y Combinator, Leonis VC, 10X Group, Goodwater Capital, Nordstar, Rebel Fund, Soma Capital, Pioneer Fund, Bayhouse Capital, and SCM Advisors with participation from Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, and MyAsiaVC. SaveIN offers healthcare finance solutions to patients. The startup currently claims to be present in more than 30 cities, including major metros and Tier 1 cities. It facilitates outpatient and elective healthcare procedures including day care surgeries, gym memberships, preventive wellness and alternative therapies across its partner network
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