Vivek Kapoor’s Post

Did you know Ashneer Grover, former co-founder of BharatPe , is about to disrupt the fintech industry? 🚀 His fresh venture ZeroPe, bringing quick medical loans, is kickstarting another revolution. ZeroPe 's current mission? Giving users access to instant pre-approved medical loans that run up to ₹5 lakhs. 🏥 The twist - these can only be claimed at affiliated hospitals - a clever business model! 👏 The digital medical loan sector in India is booming, paving the way for innovative startups. 💻 Let's look at the larger picture: India's digital healthcare market is set to churn $37 billion by 2030, healthcare financing playing a vital role worth $5 billion.💰 With ZeroPe, Grover is exploring an untouched segment - marrying healthcare with fintech. What are your thoughts on the potential of this sector? Share your thoughts! ? #AshneerGrover #BharatPe #ZeroPe #fintech #medicalloans #healthcare #startups #digitalhealthcare #innovation #healthcarefinancing #ReachifyMe

🚀 Exciting News in Healthcare Fintech! 🚀 Care.fi, a healthcare-focused fintech startup, has successfully raised $2.6 million (Rs 21 crore) in its latest funding round. This includes $2 million in debt capital from Trifecta Capital and an additional $0.6 million from UC Inclusive Credit. About Care.fi: Founded: 2021 by Sidak Singh and Vikrant Agrawal # Headquarters: Gurugram, India # Industry: Fintech for Healthcare Care.fi offers smart financing solutions tailored to hospitals, doctors, and allied suppliers, addressing critical funding gaps in the healthcare industry. The company's mission is to streamline financial operations and accelerate growth within the healthcare sector. Funding Highlights: # Total Raised: $2.6 million (Rs 21 crore) # Investors: Trifecta Capital, UC Inclusive Credit # Purpose: Scaling book size, expansion, business enhancement, and team growth Since its inception, Care.fi has made significant strides: # Partnered with over 50 hospitals # Assisted more than 2,000 patients # Achieved a 4x increase in total disbursals, reaching $48 million (Rs 400 crore) # Secured an NBFC licence within two years Why This Matters: This funding will enable Care.fi to further its impact in the healthcare sector, ensuring that financial resources are accessible to those who need them most. The growth of Care.fi highlights the importance of fintech solutions in improving healthcare delivery and infrastructure. 👉 Aspirants Space ( https://lnkd.in/gYkc-Ni8 ) is here to support growth of visionary founders and their company ! Use our services to hire top talent and drive your company’s success even further. Source : https://lnkd.in/gs6z6hXh #AspirantsNews #HealthcareFintech #FundingNews #Carefi #Fintech #HealthcareInnovation #StartupSuccess #GrowthFunding

The Rise of Wealthtech: Revolutionizing Personal Finance in India 📈💼 Key Takeaways:✨ • Wealthtech startups are booming, with $228M invested in the past two years. •HNIs (High Net-worth Individuals) in India are rapidly increasing. •Personalized investment strategies using data analytics are gaining traction. What are wealthtech companies? 🤔 They're startups using technology to provide innovative wealth management services, often at a fraction of traditional costs. Neo Group, Centricity, Angel One Wealth, Dezerv, Stable money are few examples. ✅My thoughts: 1. The shift towards digital channels (70-80%) shows a clear tech-driven future for wealth management. 2. The focus on serving ultra-high-net-worth individuals presents both opportunities and challenges. 3. The rise of fixed income platforms indicates a growing need for diversified investment options. 📌Personal Wealth Management: It depends on clients financial needs, more complex financial needs may require personalised service and are willing to pay a premium for in-depth advice. 📌Digital Wealth Management: Suitable for clients who are comfortable using technology, prefer lower costs, and have relatively straightforward investment needs. What's your take on this wealthtech surge? Share your insights in the comments below👇 #Wealthtech #FinTech #IndianStartups #InvestmentTrends

Healthcare focused fintech startup Care.fi has raised $2 million (Rs 16 crore) in debt capital from Trifecta Capital and an additional $0.6 crore from UC Inclusive Credit. Co-founded in 2021 by Sidak Singh and Vikrant Agrawal, the startup offers smart financing solutions to hospitals, doctors, and allied suppliers. It bridges the gaps in funding within the healthcare industry. CARE.FI is a healthcare-focused fintech startup based in Bangalore, India, which was founded in 2021 by Sidak Singh and Vikrant Agarwal. The company offers innovative financing solutions to hospitals, medical practitioners, and other healthcare providers, addressing the funding gaps prevalent in the industry. With a mission to improve the financial health of healthcare professionals and institutions, CARE.FI has secured $2 million (Rs 16 crore) in debt capital from Trifecta Capital and an additional $0.6 million (Rs 5 crore) from UC Inclusive Credit. These funds will be utilized to expand the company's operations, enhance its services, and strengthen its team. Since its inception, CARE.FI has collaborated with over 50 hospitals and assisted more than 2,000 patients, resulting in a fourfold increase in total disbursals, reaching $48 million (Rs 400 crore). Factacy.ai Congratulates and wishes them well. read more at https://lnkd.in/gudA8pjr #innovation #management #digitalmarketing #technology #creativity #futurism #startups

Exciting News! Former BharatPe Co-founder Takes Leap into Fintech Once More #ZeroPe #MedicalLoans #Fintech #StartupStory Thrilled to share that Ashneer Grover, the former co-founder of BharatPe, is venturing back into the fintech realm with his latest project, ZeroPe. This innovative app is all set to revolutionize the landscape of medical loans, offering instant pre-approved loans of up to Rs 5 lakhs. #InstantFinancing #HealthcareSolutions ZeroPe, a brainchild of Grover's venture Third Unicorn, is currently in its testing phase, gearing up to provide seamless access to medical loans in collaboration with Delhi-based NBFC Mukut Finvest. Stay tuned as ZeroPe aims to make healthcare financing more accessible and efficient for everyone. #HealthcareFinance #TechInnovation The Indian digital healthcare market is booming, and ZeroPe is poised to make its mark in this segment estimated to reach $5 billion. With a visionary team led by Grover and his co-founders, ZeroPe is ready to cater to diverse healthcare needs, including hospitalization, home care, and chronic care management. #DigitalHealthcare #FinancialInclusion Join us in welcoming ZeroPe to the fintech space as we embark on this exciting journey to redefine medical financing and empower individuals with convenient and reliable financial solutions for their healthcare needs. Stay tuned for more updates and let's revolutionize healthcare financing together. #HealthcareRevolution #InnovativeFintech Make sure to follow #StartupStory for the latest updates and insights on emerging startups and entrepreneurial ventures that are shaping the future of India's startup ecosystem. Let's support and celebrate innovation together! #StartupEcosystem #Entrepreneurship #TechInnovation 🚀💡📈

🚀 ProsParity: Empowering Electric Mobility with Seamless Financing Solutions 🚀 ProsParity, is a trailblazer in the electric mobility financing space! This cutting-edge platform is reshaping the future of finance by streamlining compliance, scalability, and agility for lenders. ProsParity bridges the gap between EV dealers and OEMs, ensuring seamless financing options for end customers. With solid backing from investors like Beenext, Sparrow Capital, All In Capital, and more, ProsParity is set to revolutionise the FinTech sector. Key Highlights: 👨💼 Founded By: Saurabh Khodke and Anirudh Dhakar 🏦Primary Sector: FinTech 💰 Funding: $2 Million 🏙️Headquarters: Mumbai, Maharashtra, India Join the future of financing with ProsParity and experience unmatched support for your electric mobility needs! #StartupSpotlight #FinTech #ElectricMobility #ProsParity #EVFinancing #TechInnovation #INQXN #SaaS #B2B #B2C #Inqxnapp #EVRevolution #Sustainability #Innovation #Startups #GreenTech #Finance #CleanEnergy #FutureOfMobility #SmartMobility #TechForGood

#NewIndia’s healthcare sector has become one of the largest sectors both in terms of revenue and employment, growing at a rate of ~18%, making the country a prime #healthcare destination. Read more: https://lnkd.in/fAYd69Y #InvestInIndia #Startups #InvestIndia Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

Ashneer Grover is back again with a bang!! As we all, his last startup Crickpe was not a big success because of the intense competition and regulatory challenges in the fantasy sports sector. However, with his new startup, he is ready to tap into the burgeoning healthcare financing market. This new venture, ZeroPe, is a fintech app that facilitates loans for medical payments and healthcare needs, with financing options of up to Rs 5 lakh. It’s a strategic pivot that leverages his extensive experience in the fintech space and addresses a critical gap in the Indian healthcare system. Need of this business? As of 2023, over 550 million people across India were covered under health insurance schemes This number only represents about 37% of the population, leaving a vast majority without any form of medical insurance. This gap presents a significant challenge as many individuals face the burden of healthcare expenses out-of-pocket. ZeroPe isn’t alone in this endeavour. Startups like QubeHealth and SaveIN are also navigating this space, indicating a growing trend towards fintech solutions in healthcare. These companies are part of a larger movement to democratize healthcare financing, ensuring that medical care is not a privilege but a right accessible to all. By focusing on healthcare payments, the app not only captures a significant market opportunity but also promotes financial inclusion, providing access to essential services for marginalized groups. It’s a step forward in using finance to drive positive social change and improve healthcare outcomes. What do you think? #fintech #healthcare #thirdunicorn #ashneer

ZeroPe के साथ अब इस Industry में तबाही मचाएंगे Ashneer Grover | Third Unicorn - What is Ashneer Grover’s new venture? BharatPe cofounder Ashneer Grover along with her wife Madhuri Jain Grover and his Co-Founder Aseem Ghavri is all set to launch a new fintech application called 'ZeroPe' to provide hassle-free medical loans. With an aim to provide hassle-free medical loans, Ashneer Grover is all set to launch a new fintech application called 'ZeroPe'. - How big is the digital healthcare industry? The digital health market was valued at $217 billion in 2022, and is projected to reach $1,592 billion by 2032. This is a compound annual growth rate (CAGR) of 13.1%. The market includes digital fitness and well-being, online doctor consultation, and digital treatment and care. #ashneergrover #thirdunicorn #aseemghavri #founder #ceo #startups #bharatpe #fintech #loans #healthcare #industry #sharktankindia #sharks #founderlife #investor

Ashneer Grover, ex-co-founder of BharatPe, unveils ZeroPe, a fintech app targeting medical loans in collaboration with NBFC Mukut Finvest. Amidst a burgeoning trend in instant financing solutions for medical expenses, ZeroPe enters the fray, backed by Third Unicorn development and recent seed funding success. As India's digital healthcare market anticipates exponential growth, Grover's strategic move aligns with projected market projections and investor confidence in the sector." Venture Details:  ZeroPe, The app offers instant pre-approved medical loans of up to Rs 5 lakh, exclusively available at partnered hospitals. Market Trend: Grover's entry into this sector aligns with a growing trend, with various startups already offering similar instant financing solutions for medical expenses, including SaveIn, Qube Health, Arogya Finance, Neodocs, Fibe, Kenko, and Mykare Health. Development Phase: ZeroPe is currently in its testing phase and has been developed by Third Unicorn, a company co-founded by Grover, his wife, and entrepreneur Aseem Ghavri. Third Unicorn initially ventured into the market with CrickPe, aiming to compete with fantasy sports platforms. Funding: Third Unicorn secured $3.5 million in seed funding led by ZNL Growth Fund, with participation from Vevek Ventures Investments and Rishaayu LLP, indicating investor confidence in the venture. Market Projection: A joint report by Boston Consulting Group and B Capital forecasts substantial growth in India's digital healthcare market, potentially reaching $37 billion in revenue by 2030, with healthcare financing estimated to contribute $5 billion to this figure. ZeroPe, aims to address the need for instant medical loans, leveraging partnerships and technological innovation. The fintech space, especially in healthcare financing, is witnessing rapid expansion, backed by significant investments and projected market growth. #zerope #fintech #insurance #finance