What Medfin India does

Medfin India is a Bangalore-headquartered direct-to-consumer healthcare platform founded in 2017 that aggregates day-care (same-day discharge) surgical procedures across 15+ Indian cities, connecting individual patients with a curated network of hospitals and specialist surgeons. The platform exposes over 250 surgical treatments across approximately 15 specialties including Urology, Orthopaedics, ENT, Proctology, Gynaecology, Cosmetology, Bariatric Surgery, Neurology, Vascular Surgery, Interventional Radiology, and General Surgery. Its core product is a fixed-price surgery package model that bundles pre-surgery consultations, diagnostics, hospitalization, surgeon and anaesthetist fees, medications, and post-surgery follow-ups into a single transparent price, marketed at up to 40-50% savings versus traditional hospital pricing. Supporting modules include a video consultation capability, a 'No Cost EMI' calculator with four financing partners (EDUVANZ, EZ Finance, Fibe, SAVEIN), an insurance coverage checker integrated with 12+ insurers, a cost-estimate tool, a second-opinion service, and a Surgery Forum community Q&A platform. Adjacent offerings include ElderHub senior care, adult vaccination packages, and health checkup diagnostics under the MedfinPlus+ sub-brand. Cumulative platform outcomes include 10,000+ completed surgeries, 100,000+ consultations, and patient savings exceeding ₹24 crore.

Name

Medfin India

Website

https://medfin.in

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Medfin India is a Bangalore-based direct-to-consumer platform founded in 2017 that aggregates 250+ day-care surgical procedures across 15+ Indian cities, connecting patients with curated hospitals and surgeons via fixed-price packages, no-cost EMI, and integrated insurance processing.

Ownership category

akta.pro rank

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Surgical Procedure Facilitation: Medfin facilitates day-care surgeries and earns revenue by connecting patients with curated network hospitals and doctors. The platform offers fixed-price packages that include all costs (consultations, diagnostics, surgery, hospitalization, medications, and follow-ups). Revenue is generated through transaction fees from surgical procedures performed through the platform.
2. EMI Financing Services: Medfin provides no-cost EMI options for patients through financing partners including EDUVANZ, EZ Finance, Fibe, and SAVEIN. While marketed as no-cost EMI, the company may earn processing fees or interest subsidies from financing partners.
3. Insurance Processing: Medfin manages insurance claims processing for patients, handling paperwork and coordination with insurance providers to minimize claim rejections and maximize coverage utilization.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Medfin India operates a patient-facing healthcare platform that helps individual patients discover day-care surgical procedures across multiple specialties, compare fixed-price all-inclusive surgery packages, book appointments with curated specialist doctors, arrange financing through no-cost EMI partners, and coordinate insurance claim processing. The core value delivered is connecting patients to a vetted network of hospitals and surgeons for minimally invasive procedures at transparent bundled prices, with a personal Medfin assistant guiding the patient through the surgical journey from consultation to post-surgery follow-up.

Product overview

Medfin India operates as a multispecialty day-care surgery platform offering over 250 surgical treatments across 15+ departments including Urology, Orthopaedics, Cosmetology, ENT, Proctology, Neurology, Bariatric Surgery, Interventional Radiology, Vascular Surgery, General Surgery, Gynaecology, Fertility, Oncology, Gastroenterology, and Endocrinology. The core MedfinPlus+ platform integrates procedure exploration, surgeon matching, and clinic discovery, supported by financing tools (No Cost EMI through EDUVANZ, EZ Finance, Fibe, SAVEIN) and insurance verification (12+ providers). Patient services include fixed-price surgery packages, video consultations, second opinions, ElderHub senior care, adult vaccination, health checkups, and a Surgery Forum community. The company has completed over 10,000 surgeries and 100,000+ consultations across 15 cities, with savings of ₹24CR+ for patients.

Differentiator

Problem solved

Functional benefit

Brands

• MedfinPlus+: Premium service offering under the Medfin brand for advanced surgical procedures

Products and services

• Day-Care Surgery Services Multispecialty day-care surgical procedures across 15+ departments including Urology, Orthopaedics, Cosmetology, ENT, Proctology, Neurology, Bariatric, Vascular, Interventional Radiology, General Surgery, and Gynaecology, delivered to patients through a curated network of partner hospitals and the company's own Bangalore surgery center.
• Fixed-Price Surgery Packages All-inclusive bundled surgery pricing that covers pre-surgery consultations, diagnostic tests, surgeon and anaesthetist fees, hospitalization, medications, and post-surgery follow-ups for individual procedures, marketed to deliver up to 50% savings versus traditional hospital pricing.
• No Cost EMI Financing for Surgery Interest-free and low-interest installment financing for surgical procedures arranged through partner financiers EDUVANZ (0% for 4–6 months), EZ Finance, Fibe (CIBIL 600+), and SAVEIN, with EMIs starting around ₹3,194/month on 18-month tenure and processing fees of 0.25%–0.5%.
• Video Consultation Service Remote virtual consultations connecting patients with experienced surgeons for initial evaluations, second opinions, and post-surgery follow-ups without requiring an in-person visit.
• Second Opinion Service Expert second-opinion service that allows patients to verify a proposed surgical treatment with panel surgeons before committing to the procedure.
• ElderHub Senior Care Program Comprehensive senior care program marketed as a one-stop health service for elderly patients, covering consultations, procedures, and ongoing care relevant to that segment.
• Adult Vaccination Packages Vaccination packages for adults providing protection against various infectious diseases, delivered through Medfin's Bangalore clinic network.
• Health Checkup Packages Preventive health diagnostic packages designed for early detection of disease and ongoing wellness monitoring of patients.

Quantifiable outcome

• Patients save up to 50% on surgery costs compared to traditional hospital pricing
• +4 more outcomes

Named customers3 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

Integration15 records

Feature4 records

Partnerships

One partnership is on record.

• Insurance ProviderssupportingOthersPartnership with multiple insurance providers including Care Health Insurance, Digit Insurance, SBI General, Aditya Birla, Reliance, Future Generali, Edelweiss, Bajaj Allianz, Oriental, and HDFC ERGO. Medfin processes insurance claims and maximizes coverage utilization for patients.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• HexaHealth: HexaHealth is an emerging Indian platform facilitating elective surgeries with bundled pricing, insurance support, and financing — competing head-to-head with Medfin in the day-care surgery discovery and booking space.
• Pristyn Care: Pristyn Care operates a nearly identical day-care surgery marketplace in India, offering fixed-price packages across multiple specialties with insurance and EMI financing. It is Medfin's closest direct competitor and has raised substantially larger funding rounds.

Broad incumbents

• Practo: Practo is India's largest doctor-discovery and digital health platform offering consultations, booking, and telemedicine. While broader in scope than Medfin, it overlaps in connecting patients to physicians and competes for the same patient acquisition channels.
• MediBuddy: MediBuddy is a comprehensive digital healthcare platform in India offering teleconsultations, lab tests, medicine delivery, and hospitalization support. It overlaps with Medfin in insurance-based healthcare access and corporate health partnerships.
• MFine: MFine is an Indian digital health platform providing online consultations, diagnostics, and care programs. While focused on consultations rather than surgical procedures, it competes for the same digital-first healthcare consumer segment.
• Tata 1mg (formerly 1mg): Tata 1mg is a leading Indian digital health platform offering pharmacy, diagnostics, and consultations. It overlaps with Medfin in diagnostics bundling and insurance partner ecosystem, providing an alternative patient entry point.
• Apollo Hospitals: Apollo Hospitals is one of India's largest hospital chains with extensive day-care surgery capability. While it operates owned facilities rather than a marketplace, Apollo could launch bundled surgery packages that compete directly with Medfin's value proposition.
• Manipal Hospitals: Manipal Hospitals is a major Indian hospital network offering day-care procedures across multiple specialties. Its scale and brand could allow it to offer competitive bundled surgery pricing, challenging Medfin's curated marketplace model.
• Care Hospitals: Care Hospitals is a pan-India multi-specialty hospital chain that performs significant surgical volumes. As a potential Medfin partner or competitor, its scale and insurance network integration could materially affect Medfin's expansion in tier-1 and tier-2 cities.

Emerging players

• DocsApp (now part of Tata 1mg): DocsApp was an Indian telemedicine platform specializing in specialist consultations. It overlaps with Medfin's video consultation capability and now competes indirectly through Tata 1mg's broader platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/medfinhealth
• YouTubeyoutube.com/medfinhealth
• Facebookfacebook.com/medfinhealth
• LinkedInlinkedin.com/company/medfin-health

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors10 records

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

M&A

Investments

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

Frequently asked questions about Medfin India