Image credit- careeraddict.com
Delhi-NCR based LetsMD, which offers a platform to discover healthcare financing options, has raised $1 million in Pre Series A round of funding led by SRI Capital with participation from existing investors Waterbridge Ventures and Thinkuvate.
The startup plans to use the funding to scale up its pan-India operations. Founded in 2015 by Nivesh Khandelwal, LetsMD allows users to discover and compare the costs and offerings of various medical procedures offered by healthcare networks and hospitals. At the same time, the startup also provides facilities for healthcare loans for 10-24 months.
LetsMD leverages technology to originate loans fast and cater to a wide segment of borrowers. LetsMD has tied-up with more than 200 reputed hospitals and super specialty chains like Fortis Healthcare, Max Healthcare in the Delhi-NCR region so far.
