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Total amount raised
$12M
Latest funding date
2025-04-23
Location
SaveIN has successfully raised funding over 7 rounds, with the support of 22 investors, including notable names like Oliver Jung and 10x Founders. The platform helps users discover healthcare practices and enables them to split their medical bills into monthly installments.
What Is SaveIN?
SaveIN operates at the intersection of healthcare and financial services, helping users find and book appointments with doctors while offering 0% EMI plans to manage medical expenses. The company is based in Gurugram, India, and operates in the credit, fintech, and healthcare industries.
Founded in 2022, SaveIN has grown to employ between 51–100 people. The platform's primary mission is to make healthcare more accessible and affordable by providing financial solutions that allow users to split their medical bills into monthly installments.
How Much Funding Has SaveIN Raised?
- Round Name: Pre-Seed
- Amount Raised: Undisclosed
- Date: May 2021
- Lead Investors: Not publicly disclosed (described as global Indian investors from banking, fintech, consulting, and blockchain backgrounds)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and develop its initial product offerings.
- Round Name: Seed
- Amount Raised: USD 500,000 (Y Combinator standard deal, January 2022)
- Date: January 2022
- Lead Investors: Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Y Combinator accelerator investment to kickstart product development and market reach.
- Round Name: Seed
- Amount Raised: USD 4,000,000 (approximately INR 30 crore)
- Date: April 2022
- Lead Investors: Y Combinator (existing backer)
- Participants: 10X Group, Leonis VC, Goodwater Capital, Nordstar, Rebel Fund, Pioneer Fund, Soma Capital, SCM Advisors, Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, MyAsiaVC, Kube VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the "Care Now, Pay Later" product and grow the network of healthcare providers.
- Round Name: Seed (Extended)
- Amount Raised: USD 1,100,000 (approximately INR 8.4 crore)
- Date: May 2022
- Lead Investors: Bayhouse Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop technology and scale operations, bringing total investment to over USD 5 million.
- Round Name: Seed
- Amount Raised: Undisclosed (part of total USD 8 million seed)
- Date: July 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and increase market penetration.
- Round Name: Seed
- Amount Raised: Undisclosed (completes total seed round of USD 8 million)
- Date: December 2022
- Lead Investors: Pioneer Fund
- Participants: Y Combinator, 10X Founders, Bayhouse Capital, Leonis VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support rapid growth and expand the customer base, completing the total seed round of USD 8 million.
- Round Name: Series Unknown (Late-Stage)
- Amount Raised: USD 4,300,000 (approximately INR 37 crore)
- Date: April 23, 2025
- Lead Investors: 10X Founders, Oliver Jung, Leblon Capital
- Participants: Stem AI (new investor)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations, expand no-cost EMI offerings, and grow SaveIN's healthcare and wellness provider network.
Total Amount Raised: At least USD 12 million based on disclosed and reported funding (over INR 100 crore as confirmed by the company in April 2025).
Current Valuation: Not publicly disclosed
Key Investors
- 10X Founders
- Details: 10X Founders (also referenced as 10X Group) is a Munich-based venture capital firm focused on early-stage and growth-stage investments in technology and innovative sectors. They are a lead investor in SaveIN's most recent funding round.
- Investment Focus Areas: Technology, early-stage and growth companies.
- Notable Investments: SaveIN.
- Oliver Jung
- Details: Oliver Jung is a prominent angel investor known for supporting early-stage technology startups. He has co-led multiple funding rounds for SaveIN.
- Investment Focus Areas: Early-stage startups, growth-stage companies.
- Notable Investments: SaveIN.
- Leblon Capital
- Details: Leblon Capital is a venture capital firm investing in high-growth-potential companies across various sectors. They have co-led the most recent SaveIN funding round.
- Investment Focus Areas: High-growth companies, various sectors.
- Notable Investments: SaveIN.
- Y Combinator
- Details: Y Combinator is a leading startup accelerator (Winter 2022 batch) providing seed funding, advice, and connections to early-stage startups. They were an early backer of SaveIN.
- Investment Focus Areas: Early-stage startups, various sectors.
- Notable Investments: Airbnb, Dropbox, Reddit.
- Pioneer Fund
- Details: Pioneer Fund is a Silicon Valley-based venture fund and one of SaveIN's earliest institutional investors. They led the December 2022 seed round that brought total seed funding to USD 8 million.
- Investment Focus Areas: Early-stage startups, technology.
- Notable Investments: SaveIN.
- Goodwater Capital
- Details: Goodwater Capital is a consumer technology-focused venture firm that participated in SaveIN's April 2022 seed round.
- Investment Focus Areas: Consumer technology, early-stage companies.
- Notable Investments: Musical.ly (now TikTok), KakaoTalk.
What's Next for SaveIN?
SaveIN is poised to capitalize on the burgeoning healthcare financing market in India. With plans to expand its "Care Now, Pay Later" product to over 1,000 healthcare and wellness providers, the company is tapping into a market of over two million providers. This expansion presents a significant growth opportunity, especially as the Indian BNPL market is expected to grow 11X by 2025.
Future fundraising opportunities appear promising, given the strong investor interest and the rapid growth of the BNPL sector. SaveIN's successful seed rounds indicate potential for larger Series A and beyond, which will support further scaling and product development.
However, challenges such as competition from other BNPL platforms and regulatory hurdles in the financial and healthcare sectors could pose obstacles. Ensuring the scalability and reliability of their platform will be crucial as they expand their network and service offerings.
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