Care.fi

AI-driven revenue cycle management and claims processing for hospitals

Claims Technology Growth Series A

Overview

Care.fi is a claims technology and revenue cycle management platform serving hospitals and healthcare providers in India. The company focuses on reducing payment delays and improving cash flow for hospital systems by automating insurance claim processing, adjudication, and settlement across government and private health insurance schemes.

The platform offers two core products: RevNow, an end-to-end claims management system that handles cashless and reimbursement claims from submission through reconciliation, and CareCred, a healthcare financing product that provides working capital against insurance receivables. Both products integrate with hospital information systems (HIS) and electronic health records (EHR). The company also operates Supergrowth Investments Private Limited, an RBI-registered NBFC, enabling it to provide credit directly to hospital partners.

Founded in 2021, Care.fi has grown to 250+ employees and reports processing more than 600 crore in gross claims across 300+ hospital partners, including Aster Hospitals, Sir Ganga Ram Hospital, Manipal Hospitals, and Apollo Hospitals. The company raised USD 8M in a February 2026 Series A round led by July Ventures, with equity participation from Peak XV Partners, Accion Ventures, and Sadev Ventures, bringing total funding to approximately USD 10.6M.

Products & Services

RevNow

An AI-enabled revenue cycle management platform for end-to-end insurance claim processing at hospitals. Covers government schemes (ESI, CGHS, Ayushman Bharat, state insurers) and all private cashless and reimbursement claims.

Key Features

Automated claim submission, adjudication, and settlement
Express discharge capability (30-minute post-billing)
Real-time reconciliation and cash flow visibility
HIS/EHR integration with rules engine and SOP tracking
Integrated mailing service and analytics dashboard

Target Users: Hospitals and healthcare providers

CareCred

A healthcare financing platform that provides working capital solutions to hospitals using insurance receivables and supply chain assets as collateral.

Key Features

Insurance receivables financing and invoice discounting
Supply chain and dealer/asset-backed financing
Unsecured business loans and working capital loans
Pay-per-use capital model

Target Users: Hospitals and allied healthcare suppliers

Aldun (Acquired 2025)

Discharge automation platform acquired from Bengaluru-based startup Aldun in 2025 to reduce patient waiting time after final billing.

Key Features

Automated discharge processing after billing completion
Target: reduction from several hours to approximately 10 minutes
Scaling to approximately 1 lakh automated discharges per month

Target Users: Hospital discharge and billing departments

At a Glance

Founded: 2021
Headquarters: Gurugram, India
Employees: 201-500
Funding: Series A

Category & Focus

Category: Claims Technology
Subcategories: Claims automation Revenue cycle management Healthcare financing
Insurance Verticals: Health
Target Customers: Carriers, TPAs