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Healthcare-focused fintech startup SaveIN raises Rs 37 Cr

EntrackrEntrackr · 2m ago
Healthcare-focused fintech startup SaveIN raises Rs 37 Cr
Medial

Healthcare-focused fintech startup SaveIN has secured Rs 37 crore ($4.3 million) in its latest funding round co-led by its existing global investors including 10X Founders, Oliver Jung, and Leblon Capital along with fresh participation from Stem AI. This follows a Rs 64 crore ($7.5 million) seed round, bringing the Y-Combinator-backed startup’s total funding to over Rs 100 crore ($12 million). The proceeds will be utilized to scale its no-cost EMI offerings, deepen its healthcare network, and accelerate product development and impact of welUp, SaveIN said in a press release. Founded in 2022 by Jitin Bhasin, SaveIN focuses on improving access to outpatient healthcare and has developed a network of over 7,000 healthcare and wellness centres across India. The company provides a no-cost EMI payment option for a range of healthcare services, including dental, dermatology, fertility, haircare, hearing, fitness, Ayurveda, and homeopathy. The Gurugram-based company says that its QR code-based checkout system, in collaboration with financial institutions such as HDFC Bank, ICICI Bank, and IDFC First Bank, aims to make healthcare payments more manageable and timely for users. SaveIn recently introduced welUp, a B2B modern wellness platform aimed at helping organizations offer employee wellness benefits. The platform includes services such as on-demand doctor consultations, mental wellness programs, AI-assisted diet planning, diagnostic check-ups, and holistic therapies. Over the past three years, SaveIN claims to have processed more than 5 lakh customer applications and reported a 250% increase in revenue for FY 2025, supported by stable unit economics.

Mental health and wellness startup GoodLives raises pre-seed round

EntrackrEntrackr · 7m ago
Mental health and wellness startup GoodLives raises pre-seed round
Medial

Mental health and wellness platform GoodLives has secured Rs 1.1 crore in a pre-seed funding round from IIM Lucknow, Rabindranath Tagore University (RNTU), and other investors such as Anupreet Singh, Deepak Motwani, Abhishek Hota, and Build3. The proceeds will be utilized to expand its reach and elevate offerings, improve the platform's features and functionality, broaden its activities, and enter new markets, GoodLives said in a press release. Co-founded in 2022 by Sakshi Shah and Lawrance Bamania, GoodLives is an AI-driven mental health and wellness platform that aims to make mental health support accessible, impactful, and personalized. The platform bridges the gap between professional therapy and everyday well-being through a unique blend of AI-powered DIY exercises and expert-led interventions. According to the Gurugram-based company, with the help of AI-powered do-it-yourself workouts and expert therapy, the platform offers individualized and effective holistic health solutions. It aims to focus on large and mid-sized corporations and aspires to enhance employee engagement and well-being through tailored programs. GoodLives says it has already raised awareness of mental health issues among more than 5 million people. Notably, the business has started a LinkedIn campaign to de-stigmatize discussions around mental health and claims to have received significant praise for its creative awareness-raising strategy.

Curbing cyber fraud: RB(A)I wants more banks to join hunt for mule accounts

Economic TimesEconomic Times · 7m ago
Curbing cyber fraud: RB(A)I wants more banks to join hunt for mule accounts
Medial

The Reserve Bank Innovation Hub (RBIH) in India is discussing collaboration with ten public and private banks to promote the adoption of its AI-powered tool, Mulehunter.Ai, which detects instances of financial fraud linked to mule accounts. Two large public sector banks have already implemented the platform. Mule accounts are bank accounts used to receive and transfer illegally obtained funds. The Mulehunter.Ai platform has been trademarked and developed based on insights from multiple banks, identifying nineteen patterns of misuse. The RBIH aims to accelerate technology adoption in the banking sector and improve fraud detection accuracy while reducing the time taken for verification.

Zactor Tech raises pre-seed round at valuation of $3 Mn

EntrackrEntrackr · 1y ago
Zactor Tech raises pre-seed round at valuation of $3 Mn
Medial

Financial wellness and literacy brand Zactor Tech has secured an undisclosed amount of funding in its pre-seed round at a valuation of $3 million co-led by HNIs. The funds will be allocated towards product development, user acquisition and financial literacy, Zactor said in a press release. Co-founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor is a digital platform for personal finance. Zactor focuses on modernizing personal finance with technology, covering every aspect including Goals, Investment, Retirement, and Insurance Planning. With more than 7 years of experience in wealth Management, the duo have identified the major gap in the personal finance space and they want to build India’s first financial wellness platform to provide a personalized financial path for everyone. It offers a goal-based saving platform for users to maintain financial wealth. Zactor claims to have witnessed a monthly user growth of 2x from the last 6 months.

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