VC Fund Investments
Healthcare-focused BNPL co SaveIN raises $4-M from Y Combinator, others
New Delhi-based ‘buy now pay later' (BNPL) fintech startup SaveIN has raised USD 4 million (INR 30 crore) in seed funding from institutional investors including Y Combinator, 10X Group, Leonis VC, Goodwater Capital, Nordstar, Rebel Fund, Pioneer Fund, Soma Capital and SCM Advisors. The round also saw participation from Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, MyAsiaVC, Kube VC, Spenmo's Mohandass Kalaichelvan and Vimal Kavuru. The fresh capital will be used to accelerate product development, strengthen in-house teams in engineering, product, data science, and sales. The firm will further deploy money to grow its network of healthcare providers across India. Founded in 2020, SaveIN offers healthcare finance solutions to patients. It claims to offer a 60 second, digital checkout finance option for patients at minimal or zero cost EMIs across its network of healthcare providers.
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