Healthfin secures Rs 3.43 Cr in pre-series A round

Pune-based digital lending startup Healthfin has raised Rs 3.43 crores ($500,000) in pre-series A funding from Axilor Ventures, Sprout Venture Partners, along with participation from Manish Khera, ex-CEO of Airtel Payments Bank.

The funds raised will be used to scale up operations to new cities, partner with more hospitals and boost its technology platform.

Healthfin, a technology-enabled platform helps medical patients to get best deals from its partner banks to finance their medical treatments. It was founded by Parvaiz Hussain, in partnership with Sonia Basu in 2016.

The startup has partnered with a number of hospitals, banks and other lending partners to enable quicker disbursal of funds directly to the hospital. So far it has tie-ups with 9 lending partners including ICICI Bank, TATA Capital, Fullerton, and LoanTap.