Healthcare-focused fintech startup Care.fi has secured Rs 7.5 crore in obligation capital from Vivriti Capital. This most recent speculation takes after its past subsidizing rounds, which included Rs 8 crore in obligation capital raised from Wint Riches (Ambium Finserve) and Caspian, alongside $2.5 million (around Rs 21 crore) in obligation from Trifecta Capital and UC Comprehensive Credit. In add up to, the gather has raised roughly Rs 29 crore to date.

The new financing will be utilized to quicken its point to empower Revenue Cycle Management (RCM) for clinics and grow the reach of RevNow, Care.fi said in a press release.

Co-founded in 2021 by Sidak Singh and Vikrant Agarwal, Care.fi points to weed out the hassles of insurance claims, which stay a complex challenge for clinics, frequently driving to deferred releases, revenue leakages, and operational inefficiencies.

Agreeing to the Gurugram-based company, its AI-driven RCM stage, RevNow, is making a noteworthy effect by speeding up claim settlements and guaranteeing clinics get installments inside 3–5 days post-discharge. It empowers 30-minute understanding releases by computerizing last charging and approvals, radically decreasing hold up times.

RevNow optimizes clinic workflows with real-time inquiry notices, mechanized reactions, and coordinates mailing administrations. It moreover upgrades monetary straightforwardness by giving real-time compromise of cash streams at the substance, unit, and claim levels, offering hospitals greater visibility.

“Since our beginning, we have centered on solving critical operational pain points in hospital revenue management. With RevNow, we are setting new benchmarks in claims preparing productivity. This most recent subsidizing will empower us to scale encourage, making a difference clinics optimize monetary workflows whereas guaranteeing superior understanding encounters. As the healthcare biological system develops, we point to proceed enhancing and progressing income realization for providers,” said Sidak Singh, co-founder of Care.fi.

Care.fi claims that it is dealing with over Rs 800 crore in claims over over 300 healing centers and reviewing more than 50,000 claims. The stage moreover points to grow RevNow's capabilities and coordinated assist with hospital information systems (HIS), electronic health records (EHR), and charging stages.