Medical EMI Financing Startup Seeking Investment In Noida
About Business
The business is a fintech and healthtech startup that is yet to commence commercial operations. It aims to provide no-cost and easy EMI financing solutions for medical treatments that are typically not covered under health insurance. The platform is being developed to connect patients with healthcare providers by enabling affordable payment options while supporting clinics with treatment financing services.
Key Highlights
- Operates in the fintech and healthtech sector with a focus on healthcare financing.
- Will offer no-cost and easy EMI facilities for a range of medical treatments not covered by insurance.
- Plans to partner with healthcare clinics to provide financing solutions for their patients.
- Aims to improve access to medical treatments by reducing the upfront financial burden on patients.
- Clinic onboarding has already commenced, with 4–5 clinics onboarded ahead of the commercial launch.
Business Model
The business plans to generate revenue by charging partner clinics for facilitating patient financing. Revenue will be based on the tenure of the financing plan, with repayment periods ranging from 3 to 18 months.
Current Status
The business is currently in the pre-launch stage and is focused on building its network of healthcare providers. As part of its initial rollout, 4–5 clinics have already been onboarded, creating the foundation for commencing commercial operations and future expansion.
Clientele type
The primary clients of the business will be hospitals and clinics.
Premises
The business is currently registered at the founder's residential address and plans to operate from rented premises upon commencement of operations.
Asking Price Includes
The terms of the investment will be finalized through discussions with prospective investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
To commence business operations and meet initial working capital requirements, the founders are seeking to onboard strategic investors.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
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