VC Fund Investments
Healthcare-focused fintech co. SaveIN raises Rs.37-Cr led by existing investors
Delhi-based healthcare-focused fintech startup SaveIN has attracted INR 37 crore (USD 4.3 million) in its latest funding round co-led by its existing global investors including 10X Founders, Oliver Jung, and Leblon Capital along with fresh participation from Stem AI.The new funds will be used to scale the firm’s no-cost EMI offerings, deepen the healthcare network, and accelerate product development.Founded in 2022 by Jitin Bhasin, SaveIN is a QR code-based checkout system that collaborates with banks to make healthcare payments more manageable and timely for users. It provides a no-cost EMI payment option for a range of healthcare services, including dental, dermatology, fertility, haircare, hearing, fitness, Ayurveda, and homeopathy.
Between Apr 2022 and Jul 2022, SaveIN had attracted about USD 8 M from Bayhouse Capital, Goodwater Capital, Kube VC, MyAsiaVC, Nordstar, Pioneer Fund, Rebel Fund, Rise Capital, Soma Capital and others.For FY24, SaveIN had reported about INR 5 Cr in Operating Income and about INR 6 Cr in Net Loss.
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