Why We Invested
India’s healthcare market is rapidly expanding, with total industry size projected to triple from the current levels of $638 billion, strongly driven by rising demand, insurance coverage, and private investment, offering a large addressable opportunity for Care.fi’s offerings.
RevNow (RCM + Quick Discharge): Scaling 4x+ per year, driven by rapid adoption across enterprise hospital networks like Aster, Narayana Health, Manipal, Cloud9, Sir Ganga Ram Hospital, Apollo, and Fortis.
RCM Technology & Data Moat: With 300,000+ claims through its lending and RCM stack, Care.Fi has accumulated a unique, claims-level data moat that underpins their expected growth in AUM of over 100+%.
We are confident that the integrated stack of RevNow + AI RCM + lending creates a compounding flywheel that can show significant growth and be able to establish their position as the market leader in this space.
CareFi
Pre-Series A
Healthcare Financing and Technology
Investment Status
Active
Founders
Vikrant Agrawal & Sidak Pal Singh
Founded in 2021
Location
Gurugram
About
Care.fi is a healthcare-focused fintech startup that provides specialized financing and revenue cycle management solutions to hospitals, doctors, and allied healthcare suppliers in India. It operates a tech-enabled “healthcare financial OS” integrating revenue, working capital & financing into a single AI led technology stack thus creating a compounding flywheel.
Higher discharge volumes generate better data, which improves claims outcomes and underwriting, driving superior capital efficiency and scalable growth.
The three offerings are :
CareCred: Lending platform for insurance claims (Claim Invoice discounting)
RevNow: AI RCM for Govt and private cashless claim to ensure first time right submission
Aldun: Instant Discharge in less than 10 mins for patient for Private cashless patients in the hospital.