VC Fund Investments
Healthtech startup MedPay raises $1.2 M from UK-based EF, GrowX Ventures
Bengaluru-based healthcare-focused API (application programming interface) platform startup MedPay has raised USD 1.2 million in seed funding from UK-based Talent Investor Entrepreneur First (EF) and GrowX Ventures. The company will utilise the investment to serve increasing demand, as well as expand its existing product offerings. Founded by Arun Bhatia and Ravi Chandra in April 2020, MedPay is a technology startup that links primary healthcare centres to a cashless OPD insurance network. Its Connected Care Network (CCN) of clinics, pharmacies and diagnostic centres enables healthcare centres to accept insurance payments in real time and facilitate a cashless claims process for the insured.
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