Healthtech startup ClaimBuddy has raised $3 million in a funding round co-led by Chiratae Ventures and Rebright Partners.
Existing investors such as Titan Capital & Relentless Ventures and other private investors also participated in the round.
ClaimBuddy aims to be a one-stop solution for health insurance claim assistance for patients and hospitals, building an ecosystem to ensure hassle-free insurance claim processing by leveraging technology and a set of simple yet powerful processes and operations.
The company said it has processed claims worth more than $75 million and works with more than 120 hospitals.
“The investment and our new partnership with Chiratae and Rebright is a powerful endorsement to our vision, strategy, and solution which we aim to deliver to the health insurance industry,” said Khet Singh, cofounder, ClaimBuddy.
“ClaimBuddy has seen 10x growth over the past year. With these funds we look forward to accelerating the company’s efforts for smoother claim assistance,” he added.
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