# Vitraya Technologies

> AI and blockchain\-powered claims processing for health insurers and hospitals

## At a glance

| Field | Value |
| --- | --- |
| Category | Claims Technology |
| Type | Solutions Provider |
| Region | APAC |
| Headquarters | New Delhi, India |
| Founded | 2019 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | Series A |

## Overview

Vitraya Technologies is a claims technology platform for health insurers and hospital networks in India. The platform automates end-to-end claims adjudication between healthcare providers and insurers, reducing claim turnaround time from days to under one minute using AI and blockchain technology.

The platform combines medical Natural Language Processing, supervised machine learning, fraud detection, and a blockchain-based smart contracts layer. Insurers and hospitals connect through an API-enabled, cloud-hosted environment that processes cashless claims with minimal manual intervention. The system applies policy rules, bill and tariff validations, and medical admissibility checks in real time. A handwriting recognition module supports six regional Indian languages at 90% accuracy, enabling claims from providers with paper-based workflows.

Vitraya processes approximately 10 million claims worth USD 2 billion annually, representing roughly 10% of India's total health insurance claim traffic. The network includes over 6,000 hospitals. The company raised a Series A round of USD 5 million in March 2023, led by StartupXSeed, with participation from Season Two Ventures, Cactus, Xceedance, and the Mankind Pharma family office. Total funding stands at USD 12.8 million raised across six rounds from 47 investors.

## Products & services

### Claim Auto Adjudication Platform

An end-to-end claims processing suite that handles the full adjudication lifecycle for health insurance claims. The system processes claims in under one minute and is designed to operate with minimal human intervention.

**Key features:**

- Medical NLP for extracting and validating clinical information from claim documents
- Automated policy rules engine for eligibility and coverage verification
- Bill and tariff normalization across provider networks
- Medical admissibility checks for validating clinical necessity
- Handwriting recognition supporting six regional Indian languages at 90% accuracy
- Fraud detection engine with automated red\-flag identification

*Target users:* Health insurers, third\-party administrators, hospital networks

### Smart Contract Settlement Platform

A blockchain-enabled platform for secure, transparent claim settlement between hospitals and insurers. Uses private blockchain to allow both parties to sign off on settlement contracts, providing an immutable audit trail.

**Key features:**

- Private blockchain for claim data security and privacy
- Digital settlement contracts signed by both hospital and insurer
- Transparent, tamper\-proof transaction records
- Supports real\-time cashless claim settlement

*Target users:* Health insurers, hospitals, healthcare provider networks

## Category & focus

- Subcategories: Claims Automation, Fraud Detection, Medical Claims Adjudication
- Insurance verticals: Health
- Target customers: Carriers, TPAs

## Notable customers

- NephroPlus \(national dialysis chain\)
- Large health insurers in India \(unnamed\)

## Links

- Website: <https://www.vitraya.com/>
- Directory profile: <https://insurtechlist.com/companies/vitraya/>
- Blog: <https://blog.vitraya.com/>
- Linkedin: <https://in.linkedin.com/company/vitrayatech>

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*Last updated: 2026\-06\-30*