Tech Company Financing Transactions

HealthCRED Funding Round

HealthCRED, based in New Delhi, secured $1.2 million in investment from AngelList, Antler and DeVC.

Transaction Overview

Company Name
Announced On
8/12/2024
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Seed
Investors

AngelList (Lead Investor)

Antler (Lead Investor)

DeVC (Lead Investor)

iSeed Ventures (Lead Investor)

TRTL Ventures (Lead Investor)

private investors (Amit Lakhotia)

private investors (Nitin Gupta)

private investors (Subho Ray)

Proceeds Purpose
The company intends to use the funds to enhance customer relationships and expand operations to the Southern and Western parts of the country. It will also be used to hire talent and develop B2B loan onboarding and loan management systems, creating an end-to-end digitised B2B healthcare lending framework.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
4/24-New-1/357 Shri Ram Nagar Shahdara North East
New Delhi, 110032
India
Phone
Undisclosed
Email Address
Overview
HealthCRED is transforming B2B healthcare financing by providing timely capital to the healthcare ecosystem. We ensure stable cash flows for healthcare stakeholders (hospitals, medical device/drug manufacturers, distributors, importers, and more) through custom financing solutions at fair and flexible pricing. HealthCRED-powered stakeholders see a significant increase in revenue realization, which aligns with Sustainable Development Goals (SDG) Target 3.8, aimed towards improved financial inclusivity in healthcare.
Profile
HealthCRED LinkedIn Company Profile
Social Media
HealthCRED Company Twitter Account
Company News
HealthCRED News
Facebook
HealthCRED on Facebook
YouTube
HealthCRED on YouTube

Management Team

Title
Name
Email & Social
Founder
Shrey Jain
  Shrey Jain LinkedIn Profile  Shrey Jain Twitter Account  Shrey Jain News  Shrey Jain on Facebook
Founder
Arpit Jangir
  Arpit Jangir LinkedIn Profile  Arpit Jangir Twitter Account  Arpit Jangir News  Arpit Jangir on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/11/2024: DevRev venture capital transaction
Next: 8/12/2024: BAIBYS venture capital transaction

 

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