Business to business healthcare financing startup HealthCRED has raised $1.2 million in its seed round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India.

The round also saw participation from angel investors including Nitin Gupta (CEO, Uni Cards), Dr. Subho Ray (President, IAMAI), , Amit Lakhotia (CEO, ParkPlus) and founders of InsuranceDekho and SEA-based Docquity.

The funds will be used to enhance customer relationships and expand operations to the Southern and Western parts of the country. The firm will also hire fresh talents and develop B2B loan onboarding and loan management systems.

It was founded in 2022 by Shrey Jain and Arpit Jangir, It provides swift, comprehensive, and adaptable financing solutions tailored for the healthcare sector.

HealthCRED partners with hospitals, specialised healthcare service providers (HSPs across nephrology, oncology, and diagnostics), insurers, and pharmaceutical and consumable supply chain partners to deliver financing solutions.

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