Fintech platform SaveIN has raised $4 million in seed funding from Y-Combinator, Leonis VC, 10X Group, Nordstar, Rebel Fund, Goodwater Capital, Pioneer Fund, Soma Capital, and SCM Advisors.
Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, MyAsiaVC, Kube VC, Spenmo Founder Mohandass Kalaichelvan, and serial healthcare entrepreneur Vimal Kavuru also participated in the round.
The additional funding will be used to speed up product development and improve in-house engineering, product, data science, and sales teams. The money will be used to expand the startup’s network of healthcare
professionals across India.
“We aim to utilize these funds for accelerating product development, strengthening in-house teams in engineering, product, data sciences, and sales while growing our network of healthcare practices across the country,”Jitin Bhasin, Founder, and CEO of SaveIN
SaveIN aspires to build India’s most complete private healthcare ecosystem by addressing problems with technology-first solutions. It also seeks to increase the number of patients served by healthcare providers in India by up to 50% through low EMIs.