Home Funding Credihealth acquires a funding of $1.5 Mn In Pre-Series A Funding

Credihealth acquires a funding of $1.5 Mn In Pre-Series A Funding

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Credihealth acquires a funding of $1.5 Mn In Pre-Series A Funding
Credihealth Team

Credihealth is a healthcare startup that works in the field of serving as India’s leading medical assistance company. This startup came into existence 3 years back and has worked consistently to emerge as a successful online firm. Since its beginning, Credihealth has maintained positive cash flow and has achieved its break even. Its innovative ideas accompanied with steady growth has paved avenues for its success.

Recently, Credihealth acquired an investment of USD 1.5 million from Tolaram Inc, which happens to be the family office investment arm of Tolaram Group and Mountain Pine Capital. In addition, one of the initial investors at Credihealth, Bala Swaminathan (Ex) KPMG partner has also invested in this round. The funding acquired shall be used in expansion of Credihealth’s operations along with funding of the new services to address the non-clinical grievances of patients.

Founded by Ravi Virmani, who also happens to be the Managing Director of this startup, Credihealth is also exploring new dimensions by using the funds in augmenting technology as well as infrastructure in order to expand services and introduce new products. Furthermore, the company is looking forward to the guidance and mentorship of their investors for the sustained evolution of Credihealth.

Manish Tibrewal, the CEO of Tolaram Inc believes in the high potential of Credihealth because of its exceptional growth in the healthcare industry. India’s healthcare industry is very ambiguous which requires drastic improvements in its delivery systems along with transparency for its patients. In this context, Credihealth is standing up to its name and has worked extensively to emerge as the most disruptive healthcare startups in the Indian market. The robust business model of Credihealth along with its consumer-centric approach, a superior team and tech infrastructure has given it a phenomenal success in a short span of time.

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