Fintech startup, SaveIN said that it has raised $4 million as a part of its seed funding round from existing backers Y Combinator and other investors including 10X Group, Leonis VC, and Goodwater Capital.
Other investors participating as a part of the round include – Nordstar, Rebel Fund, Pioneer Fund, Soma Capital, and SCM Advisors.
According to the company, it will be deploying the proceeds from the current raise to develop its product, make newer hirings as well as branding.
Founded in 2022 by Jitin Bhasin, Anurag Varma, and Gaurav Luthra, SaveIn caters to healthcare needs by offering financing and credit options to patients at zero cost equated monthly installments (EMIs), across its network of h healthcare providers.
The Gurgaon-based startup covers outpatient services and elective healthcare procedures like dental, eye care, veterinary, dermatology, hair care, and fertility, among other procedures.
The fintech startup is creating a network of healthcare providers to offer embedded finance and pay later options at clinics across the country.
The company is working on creating a hyperlocal discovery platform to cater to the healthcare needs of individuals.
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