Care.fi has successfully raised ₹5 crore in debt capital from Wint Wealth, alongside an additional ₹3 crore from Caspiym. This financial boost will accelerate Care.fi’s ambition of becoming India’s first healthcare-focused Small Finance Bank.

Sidak Singh, co-founder of Care.fi says, “Since our inception we have witnessed remarkable growth and this funding will help us scale our book size further. Our total disbursals in the last financial year witnessed a growth of 4x. The cumulative disbursals reached INR 400Cr. Therefore we are hopeful that we can bring about the necessary change in the health-fintech space. We are attuned to the pain points of the market and the patients so our solutions help in optimizing the operational bit, especially for insurance at a time when patients are eager to wrap up payments and go home. The idea is to help healthcare providers focus on providing healthcare while we take care of operational bit and we can see that it is emerging now as a fast growing ecosystem and we hope to continue improving it.”

In a notable achievement, Care.fi received its NBFC license just two years after launching, underscoring its commitment to transforming healthcare financing in India.

Vikrant Agrawal, another co-founder, emphasized, “Our current focus is on two key areas: strengthening our team with the right talent and expanding our business. We are already collaborating with over 50 renowned hospitals and have assisted more than 2,000 patients with their claims. This funding will enable us to enhance our market presence and invest in the advancement of healthcare fintech, particularly in optimizing hospital management operations.”