B2B healthcare financing startup HealthCRED has successfully raised $1.2 million in its seed funding round. The investment was led by Antler India, TRTL VC, DeVC, iSeedVC, and Angel List India. Notable angel investors also participated, including Dr. Subho Ray, President of IAMAI; Nitin Gupta, CEO of Uni Cards; Amit Lakhotia, CEO of ParkPlus; as well as the founders of InsuranceDekho and SEA-based Docquity.

The newly acquired funds will be directed towards strengthening customer relationships and expanding HealthCRED’s operations into the Southern and Western regions of India. The company also plans to recruit new talent and enhance its B2B loan onboarding and management systems.

Established in 2022 by Shrey Jain and Arpit Jangir, HealthCRED offers fast, comprehensive, and flexible financing solutions specifically designed for the healthcare sector. Based in Delhi, HealthCRED collaborates with hospitals, specialized healthcare service providers in fields like nephrology, oncology, and diagnostics, as well as insurers and pharmaceutical supply chain partners to provide tailored financing solutions.