Healthcare fintech Care.fi raised Rs 7.5 Cr Debt funding from Vivriti Capital

Vivriti Capital has provided Rs 7.5 crore in debt capital to Care.fi, a fintech startup with a healthcare focus. This most recent investment comes after its earlier funding rounds, which included $2.5 million (roughly Rs 21 crore) in debt from Trifecta Capital and UC Inclusive Credit, as well as Rs 8 crore in debt capital raised from Wint Wealth (Ambium Finserve) and Caspian. To date, the organization has raised about Rs 29 crore.

According to a press release from Care.fi, the new funding will be used to further the company’s goal of empowering hospitals with Revenue Cycle Management (RCM) and expanding RevNow’s reach.

Care.fi, which Sidak Singh and Vikrant Agarwal co-founded in 2021, attempts to eliminate the difficulties associated with insurance claims, which continue to be a difficult problem for hospitals and frequently result in postponed discharges, revenue leaks, and operational inefficiencies.

By accelerating claim settlements and guaranteeing hospitals receive payments within 3–5 days after discharge, the Gurugram-based company claims that its AI-driven RCM platform, RevNow, is having a major impact. It significantly cuts wait times by automating final billing and approvals, allowing 30-minute patient discharges.

RevNow’s integrated mailing services, automated responses, and real-time query notifications streamline hospital workflows. Additionally, it improves financial transparency by giving hospitals more visibility through the real-time reconciliation of cash flows at the entity, unit, and claim levels.

“Since our inception, we have focused on solving critical operational pain points in hospital revenue management. With RevNow, we are setting new benchmarks in claims processing efficiency. This latest funding will enable us to scale further, helping hospitals optimize financial workflows while ensuring better patient experiences. As the healthcare ecosystem grows, we aim to continue innovating and improving revenue realization for providers,” said Sidak Singh, co-founder of Care.fi.

Over 50,000 claims are being audited by Care.fi, which says it is managing over Rs 800 crore in claims from more than 300 hospitals. Additionally, RevNow’s capabilities will be expanded, and the platform will further integrate with electronic health records (EHR), hospital information systems (HIS), and billing platforms.