Care.Fi
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.
- Company typePrivate
- Founded2021
- HeadquartersGurugram, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
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.
Care.Fi firmographics
Firmographics- 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
Care.Fi industry classification
Industry- 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
Where Care.Fi is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Care.Fi business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Revenue model
- RCM Platform Services: Revenue cycle management platform subscription/usage fees from hospitals for claims processing, billing optimization, and cashflow management services.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Hospital Platform |
| Usage-based | Pay-as-you-go | CareCred Financing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Care.Fi product offering
Product offeringCore 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
Companies that use Care.Fi
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Care.Fi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature5 records
Care.Fi partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AlduncoreAcquired 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
Care.Fi competitors and assessment
Company assessmentDirect 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
Care.Fi social profiles
Digital presenceCare.Fi compliance and trust
Trust signalCompliance2 records
Care.Fi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Care.Fi leadership team
Management profileNumber of profiles
Profiles1 record
Care.Fi funding detail
Funding detailFunding overview
Funding rounds8 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Care.Fi M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Care.Fi
What does Care.Fi do?
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.
Is Care.Fi a public or private company?
Care.Fi is a private company. It is classified as venture growth investor backed and is currently operating.
When was Care.Fi founded?
Care.Fi was founded in 2021. It employs 11 to 50 people.
Where is Care.Fi based?
Care.Fi is headquartered in Gurugram, India, in the Asia region.
How does Care.Fi make money?
Three revenue lines are on record. RCM Platform Services are the primary driver. The others are healthcare Lending (CareCred) and insurance Receivables Financing.
Who are Care.Fi's main competitors?
Direct peers on record are Medi Assist Healthcare Services, MDIndia Healthcare Services, Vidal Health Insurance TPA, Paramount Health Services & Insurance TPA and KredX. Broad incumbents are R1 RCM, Waystar and Optum (UnitedHealth Group). Emerging players are Bajaj Finserv Health and Lendingkart.
Does Care.Fi have an API?
No public API is recorded for Care.Fi.
What industry is Care.Fi in?
Care.Fi's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is HLACACAJ, Accounts Receivable (A/R) & Collections Management, with a secondary code of FSAMAJAH, Healthcare Billing & Patient Payments Presentment. Its NAICS code is 524292 and its SIC code is 6324.