The funding will further expand the reach of RevNow by Care.fi to optimise hospital insurance claims and streamline revenue realisation
Care.fi, a pioneering healthcare-focussed fintech startup, has secured Rs 7.5 crore in debt capital from Vivriti Capital to accelerate its mission of revolutionising Revenue Cycle Management (RCM) for hospitals. With a strong emphasis on claims processing and financial automation, this funding will further expand the reach of RevNow by Care.fi, India’s most advanced AI-powered RCM platform designed to optimise hospital insurance claims and streamline revenue realisation.
This latest investment follows Care.fi’s previous funding rounds, which included Rs 8 crore in debt capital raised from Wint Wealth (Ambium Finserve) and Caspian, along with $2.5 million (around Rs 21 crore) in debt from Trifecta Capital and UC Inclusive Credit. In total, the group has raised approximately Rs 29 crore to date.
Sidak Singh, Co-founder, Care.fi, shared, “Since our inception, we have focussed on solving critical operational pain points in hospital revenue management. With RevNow, we are setting new benchmarks in claims processing efficiency. This latest funding will enable us to scale further, helping hospitals optimise financial workflows while ensuring better patient experiences. As the healthcare ecosystem grows, we aim to continue innovating and improving revenue realisation for providers.”
With its latest funding round, Care.fi aims to expand RevNow’s capabilities and integrate further with hospital information systems (HIS), electronic health records (EHR), and billing platforms. The company is also focussed on talent acquisition to strengthen its team and further drive innovation in RCM.
“Our primary focus is to enhance the reach and effectiveness of our claims processing solutions,” said Vikrant Agrawal, co-founder of Care.fi. “We have already facilitated insurance claims for over 50,000 patients, and this funding will enable us to further expand our presence in the healthcare sector, bringing more hospitals into the fold and improving financial efficiency across the industry.”
With an ambitious vision to become a $10 billion enterprise by 2030, Care.fi is redefining healthcare finance by bridging gaps in insurance claims processing, ensuring financial stability for hospitals, and enhancing the overall patient experience.
