Indian healthcare-tech startup Credihealth raises US$1.5M from Singapore VCs

The investment will go into expansion and to fund the new services to address the non-clinical pain points of patients

Gurgaon-based medical assistance startup Credihealth has closed US$1.5 million in pre-Series A funding round from Tolaram Inc., family office investment arm of Tolaram Group and private VC investor Mountain Pine Capital — both based in Singapore.

Bala Swaminathan, former KPMG Partner and an early investor in the platform, has also joined this funding. The investment will go into expansion and funding the new services to address the non-clinical pain points of patients.

Ravi Virmani, Founder and Managing Director of Credihealth, said: “More than money, it is innovation and steady growth that are needed to survive in the market today. We are already a company with a consistent and positive cash flow and have achieved substantial growth in the past few quarters. The funding will primarily be utilised to augment technology and infrastructure to expand services and introduce new products..”

Founded in 2013 by Virmani, Gaurav Gaggar and Saurabh Uboweja, Credihealth has hired in-house medical experts who support users throughout their hospitalisation journey with options for super-specialist doctors, booking appointments, getting a second opinion, surgery quotes and feedback on doctors and hospitals. It has tied up with over 630 hospitals in tier 1 and 2 cities, including Fortis, Medanta, Columbia Asia, BLK, Paras, and Artemis.

 

Fahmin Zain

A crazy startup enthusiast

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