Healthcare platform QubeHealth-Pay raises Series A funding at Rs 416 Cr valuation

Investors including Unicorn India Ventures, IA Growth Opportunities Fund, Brew Opportunities Fund, Finvolve Ventures, FirstPort Capital, and Maithan Family Office closed Mumbai-based platform for paying for healthcare QubeHealth-Pay’s Series A funding round at a valuation of Rs 416 crore ($44 million).

The amount raised was not made public by the company. The company raised money for its pre-Series A round back in November of last year from CanBank Venture Capital Fund and Unicorn India Ventures.

The company’s platform will be strengthened, its healthcare payments ecosystem will be expanded, and future growth into foreign markets, such as the Middle East and Southeast Asia, will be supported by the profits.

QubeHealth-Pay is a healthcare-focused fintech platform that allows users to pay medical bills across hospitals, clinics, pharmacies, diagnostic centers, and doctors without network limits. It was founded by Chris George, the group CEO, and Gagan Kapur, the chairman. Additionally, the portal offers access to healthcare financing for costs not covered by insurance as well as cashback benefits.

Over 700,000 people and over 200,000 families use the platform, according to the company. According to reports, users use the app 9.3 times a month on average to make purchases related to healthcare.

Healthcare payments of Rs 100 crore were processed by QubeHealth-Pay in FY26, and it is currently on course to surpass Rs 240 crore in FY27. By FY30, the corporation wants to have more than $1 billion in payments.

Additionally, the business has collaborated with more than 15,000 healthcare professionals in fields like dermatology, mental health, dentistry, eye care, and diagnostics.

Walmart India, Flipkart, Tata Teleservices, Equitas Small Finance Bank, and Omnicom Group are among its business clients.