Care.Fi

What Care.Fi does

Care.Fi (Care.fi Technological Solutions Pvt. Ltd.) is a Gurugram-based healthcare fintech founded in 2021 that combines an AI-enabled revenue cycle management platform (RevNow) with an integrated lending arm (CareCred), targeting hospitals, doctors, and allied healthcare suppliers across India. The core platform automates insurance claims processing, adjudication, settlement, and reconciliation across cashless, non-empanelled, and government (ESI/CGHS/State insurer) pathways, with modules for express 30-minute discharge, automated query response via email integration with insurance TPAs, and real-time cashflow reconciliation at the claim level. CareCred provides insurance receivables financing, supply chain financing, invoice discounting, and equipment financing underwritten by a proprietary LIRA engine consuming 40+ data points across suppliers, invoices, and hospitals; lending is executed through the company's own RBI-registered NBFC, Supergrowth Investments Pvt. Ltd.

The business operates a multi-stream revenue model combining annual subscription fees for the RevNow RCM platform (quote-based for enterprise hospitals), transaction and usage-based fees for CareCred financing, and interest income on the NBFC balance sheet. Go-to-market is sales-led with direct enterprise engagement of hospital finance leads and promoters, supplemented by self-serve portals (app.carefi.in, claimfin.carefi.in) and supported by content marketing on LinkedIn and the company website. Care.Fi reports 300+ hospital partners (including Aster, Sir Ganga Ram, Manipal, Apollo, Ankura, TX Hospitals) and has processed over Rs 600 crore in gross claims across 100k+ audited claims, with cumulative disbursements exceeding Rs 400 crore.

The company is venture-backed with roughly $12.5M raised across equity and debt, including a February 2026 $8M Series A led by July Ventures with Peak XV Partners, Accion Venture Lab, Sadev Ventures, Trifecta Capital, and Vivriti. It recently acquired Aldun (January 2026) to deepen billing automation, holds SOC 2 Type 1 certification, and is expanding from 5 to 12-15 Indian cities while entering the United States and Middle East markets.

Name

Care.Fi

Legal name

Care.fi Technological Solutions Pvt. Ltd.

Website

https://carefi.in

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Care.Fi is a Gurugram-based healthcare fintech offering an AI-enabled revenue cycle management platform (RevNow) and integrated lending products (CareCred) to hospitals, doctors, and medical suppliers across India.

Ownership category

akta.pro rank

Product category

Healthcare Revenue Cycle Management

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Hospital & Medical Service Plans (6324), Accident & Health Insurance (6321)

akta.pro primary industry

Accounts Receivable (A/R) & Collections Management (HLACACAJ)

akta.pro secondary industries

Healthcare Billing & Patient Payments Presentment (FSAMAJAH), Healthcare Payouts (Payers-to-Providers, Patient Refunds) (FSAMAKAK)

Keywords

• Healthcare revenue cycle management
• Hospital claims processing
• Medical invoice financing
• Healthcare working capital
• Insurance receivables financing

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. RCM Platform Services: Revenue cycle management platform subscription/usage fees from hospitals for claims processing, billing optimization, and cashflow management services.
2. Healthcare Lending (CareCred): Interest income from providing working capital, invoice financing, and supply chain financing to hospitals, doctors, and suppliers. NBFC arm (Supergrowth Investments) provides credit facilities with flexible products.
3. Insurance Receivables Financing: Financing against hospital insurance receivables with settlement in 3-5 days from discharge. Fees based on capital withdrawn and time period used.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Care.Fi provides an AI-enabled revenue cycle management platform (RevNow) that handles end-to-end insurance claim processing, adjudication, settlement, reconciliation, government claims, and express discharge for hospitals. Alongside the platform, it operates a healthcare financing arm (CareCred) offering invoice financing, working capital, supply chain financing, insurance receivables financing, and dealer/asset-backed lending to hospitals, doctors, and medical suppliers through its own RBI-registered NBFC.

Product overview

Care.Fi operates a dual-product healthcare fintech platform consisting of RevNow (AI-enabled RCM platform) and CareCred (NBFC-backed financing arm). RevNow handles end-to-end claims management from admission to discharge, while CareCred provides working capital through invoice financing, receivables funding, and supply chain finance. The platform connects hospitals with insurance companies and lending partners, processing over 600Cr in gross claims across 300+ hospital partners.

Differentiator

Problem solved

Functional benefit

Brands

• CareCred: India's Healthcare Financing Platform providing insurance receivables financing, working capital solutions, supply chain financing, invoice discounting, dealer and asset backed financing, and equipment financing for hospitals.
• RevNow
• ClaimFin

Products and services

• RevNow AI-enabled end-to-end Revenue Cycle Management platform for hospitals handling insurance claims processing, adjudication, settlement, and reconciliation, including government claims management, express discharge, and cashless claim management for empanelled and non-empanelled insurers.
• CareCred Healthcare financing platform providing insurance receivables financing, supply chain financing, invoice discounting, working capital, dealer and asset-backed financing, and equipment financing for hospitals, doctors, and healthcare suppliers through Care.Fi's RBI-registered NBFC arm, with pre-approved limits and pay-per-use pricing.
• ClaimFin Insurance claims processing portal operating under the RevNow platform, providing single-window processing of insurance claims with integrated mailing service for pre-auth to post-auth management and OAuth-based email retrieval of TPA/insurer responses.
• Aldun Billing Automation Billing automation offering integrated into the Care.Fi stack following the January 2026 acquisition of Aldun, designed to streamline hospital discharge processes and accelerate insurance claim settlement timelines.

Quantifiable outcome

• Over Rs 600 crore in gross claims processed
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature5 records

Partnerships

One partnership is on record.

• AlduncoreStrategic or Co-development Partner · 1 January 2026Acquired billing automation provider to streamline hospital discharge processes and accelerate insurance claim settlements. Recently acquired ahead of Series A funding.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Medi Assist Healthcare Services: India's largest health-insurance Third-Party Administrator, processing claims and managing hospital-insurer workflows. Directly comparable to Care.Fi's RevNow as both sit in the claims-administration value chain serving Indian hospitals, though Medi Assist is insurer-facing rather than hospital-facing.
• MDIndia Healthcare Services: Indian health-insurance TPA with cashless claim processing and hospital-network management. Closely comparable to RevNow's pre-auth to post-auth claim workflow and competes for the same hospital-IT procurement dollars.
• Vidal Health Insurance TPA: India-focused health insurance TPA providing cashless claim processing and hospital network administration. Operates in the same hospital-insurer claims workflow that Care.Fi's RevNow digitizes for hospital-side users.
• Paramount Health Services & Insurance TPA: Indian health insurance TPA with hospital cashless network management and claims processing. Comparable to RevNow as an established incumbent in the same hospital-claims administration value chain.
• KredX: Indian invoice financing / receivables discounting marketplace. Comparable to Care.Fi's CareCred invoice-discounting and supply-chain financing products for B2B borrowers with receivables-backed underwriting.

Broad incumbents

• R1 RCM: Global healthcare RCM leader serving hospitals and health systems with end-to-end revenue cycle and claims management software. Comparable product surface to RevNow at much greater scale, primarily US-focused but indicative of where the category consolidates.
• Waystar: Public-company healthcare RCM SaaS platform covering claims management, patient access, and analytics. Comparable to RevNow's end-to-end claims + analytics positioning and provides a benchmark for what scaled RCM SaaS valuation looks like.
• Optum (UnitedHealth Group): Diversified healthcare technology and services arm of UnitedHealth Group, including RCM, analytics, and payer-provider technology. Broad incumbent comparable to RevNow at scale and the most likely consolidator in healthcare RCM globally.

Emerging players

• Bajaj Finserv Health: Healthcare financing and wellness arm of Bajaj Finserv offering health-credit products and EMI-based financing. Comparable to CareCred's healthcare-focused financing model and a meaningful Indian incumbent in patient/hospital financing.
• Lendingkart: Indian fintech providing working capital and SME lending to small businesses. Adjacent peer to CareCred's supplier and hospital working-capital loans, especially relevant for the medical supplier/dealer financing vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=100082303453715
• LinkedInlinkedin.com/company/care-fi

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds8 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Care.Fi