SaveIN is an online platform that provides financial solutions to make healthcare more affordable and accessible. The startup secured 4.3 million USD in its ongoing funding round from its new and existing investors. The round saw participation from 10X Founders, Leblon Capital, Oliver Jung, and Stem AI. The investment came after the firm secured $7.5 million during its seed funding.

The company plans to use this fresh capital to scale its no-cost EMI offerings, improve its tech capabilities, enhance its platform, and develop its market presence. The startup plans to use some of this investment to accelerate product development and advance its healthcare. The healthcare-focused fintech startup aims to improve access to outpatient healthcare. The online platform offers healthcare POS financing loans for customers.

SaveIn has over 7,000 healthcare and wellness centers in India. It offers no-cost EMI payment options for various healthcare services, including dermatology, fitness, Homeopathy, and dental. The startup allows users to pay for treatment in installments without any interest.  The firm plans to expand its healthcare ecosystem further and expand its client base in both the fintech and healthcare sectors.

The investment shows investors’ interest in SaveIN’s market potential and business model.  The company reported a 250 percent increase in its revenue for FY25. SaveIN claims to have processed over 5 lakh customer applications in the last three years. The development came just after the fintech sector saw increased investor interest. The startup faces competition from other BPNL startups in this market segment, such as Zestmoney, Simpl, and Snapmint. 

The fintech startup recently introduced WelUp, a B2B wellness platform. The company aims to help organizations offer employee wellness benefits. The online platform has features including on-demand doctor consultations, diagnostic checkups, a mental wellness program, and an AI-assisted diet plan. The company wants to make financial and healthcare services easily accessible and transparent. 

The Gurugram-based firm works with financial institutions such as HDFC Bank and ICICI Bank to make healthcare payments more affordable and manageable to users. The company received approximately 12 million USD in multiple funding rounds since its inception, with $1 million coming in its 2022 seed funding round from Pioneer Fund. The firm also raised 1.1 million USD from Bayhouse Capital and others in its seed funding round. 

Conclusion:

SaveIn, a Buy Now Pay Later fintech firm, raised Rs 37 crore in its recent round of investment from new and current investors. The round was jointly led by 10X founders, Leblon Capital, Stem AI, and Oliver Jung. The new funds will be invested by the startup to deepen its healthcare network, expand its operations, and speed up product development.

The firm also aims to expand its healthcare services and build its market presence. The existing investor Oliver Jung also participated in the firm’s $4 million seed round in 2022. The firm provides healthcare services and financial solutions to its clients. The health-focused fintech firm has more than 7,000 healthcare and wellness centers in India.