16 November 2021 | News
The company plans to consolidate its full-stack product offering and increase its footprint in Bengaluru and other cities
Image credit: shutterstock
Bengaluru-based insurtech and healthtech startup Clinikk has raised $4 million in pre-series A funding led by MassMutual Ventures, with participation from Kunal Shah (Founder, Cred), Rohit MA (Co-founder and MD of Cloudnine Hospitals), Anjali Bansal (Founder, Avaana Capital), Stanford Angels, and other prominent individual investors.
Clinikk had raised $2.4 million in seed capital before this fundraiser, bringing their total raised to $6.4 million.
Clinikk is building India’s first true managed care model by closely integrating outpatient care and health insurance for 600 million Indians. The company’s comprehensive package includes family health insurance coverage and unlimited OPD coverage delivered digitally and through the state of the art care centres - all at an affordable monthly subscription.
With this fundraise, Clinikk will consolidate its full-stack product offering and increase its footprint in Bengaluru and other cities. It will also invest in product development and hiring key team members.