SaveIN, a leading Indian healthcare-focused fintech, has successfully raised $4.3 million (INR 37 crore) in fresh funding, marking a significant milestone in its mission to make private healthcare more accessible and affordable across the country. This latest investment will be channelled into scaling SaveIN’s innovative no-cost EMI offerings, expanding its rapidly growing network of healthcare partners, and enhancing its digital healthcare financing solutions. Founded in 2020 and based in Gurugram, SaveIN has quickly emerged as a transformative force in the healthcare fintech space, addressing the acute affordability crisis that plagues private healthcare in India.
The company’s unique model allows patients to access a wide range of healthcare services, including dental, dermatology, fertility, wellness, and elective surgeries, through flexible 0% EMI plans. These services are often excluded from traditional health insurance, resulting in high out-of-pocket expenses for individuals. SaveIN’s platform enables customers to split their medical bills into interest-free monthly instalments, making quality healthcare attainable without the burden of lump-sum payments.
The process is entirely digital and paperless, with real-time credit assessment and instant approval, ensuring a seamless experience for users across its extensive network of over 7,000 healthcare providers.
A standout feature of SaveIN’s offering is its QR code-based payment system, which allows patients to select EMI options at the point of care by simply scanning a code at partner clinics. This system is integrated with leading banks such as HDFC Bank, ICICI Bank, and IDFC First Bank, and operates through an RBI-approved payment gateway, prioritising security and transparency for every transaction. The company has already processed more than 150,000 customer applications, underlining the strong demand for affordable healthcare financing in India.
SaveIN’s impact extends beyond individual patients, with the recent launch of its subscription-based wellness platform, welUp. This platform provides holistic healthcare solutions, including free consultations, preventive tests, mental wellness support, and a no-cost EMI credit limit of up to Rs 5 lakh for treatments not covered by insurance. WelUp is also designed for employers seeking to offer comprehensive health benefits to their workforce, reflecting the growing emphasis on workplace wellness in India.
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Founder and CEO Jitin Bhasin has emphasised SaveIN’s commitment to democratising healthcare, stating that the company’s vision is to ensure timely access to quality care without financial barriers. By embedding financing at the point of care and offering a transparent, digital-first approach, SaveIN is poised to redefine healthcare accessibility for millions of Indians. With this new funding, the company aims to further strengthen its position as a pioneer in healthcare fintech, supporting both patients and providers with innovative, customer-centric solutions.
