Surgical Care Provider Medfin Raises $15 Million In Series B Funding
Medfin, a Bengaluru-based healthcare provider, has raised $15 million in Series B funding from a group of marquee investors, including Arka Nxt, HealthXCapital (Singapore), Blume Ventures, Sony and Kotak Investments.
The startup plans to use the raised funds to aggressively expand to 25+ cities across the country. It plans to invest in R&D, technology, process and people enabling it to offer patients a one-stop comprehensive service platform for 250+ types of daycare surgeries from the funding.
Medfin | Surgical Care Provider
Founded by Arjun Kumar, Arun Kumar, and Sidharth Gurjar in 2017, Medfin is working with a vision to build India’s first and most affordable network of ambulatory surgery centers focused on a delightful patient experience.
The Bengaluru-based healthcare provider helps patients navigate the entire surgical and diagnostics processes, including connecting them with surgeons, finding the right course of treatment, performing cost estimates, and insurance coverage checks.
Speaking about the development, Arjun Kumar, Founder and CEO at Medfin, said,
“A large part of the population in India falls in the low to medium income bracket, and daycare surgeries can really benefit them. At Medfin, we combine value-based care, advanced technology, and superior patient experience to deliver better health outcomes while containing costs.”
The healthcare provider offers patients access to the latest, minimally invasive surgical procedures across departments from ophthalmology to orthopaedics. It currently operates in some of the major cities and offers 250+ daycare surgical procedures and plans to complete one lakh surgeries by the end of 2022.
Commenting about Medfin, Seemant Jauhari of HealthXCapital said,
“With variable quality, outcomes, and pricing plaguing healthcare services, the patient is often confused and lacks trust. Medfin is simplifying this by providing a one-stop-shop which handholds the patient across one’s journey with a standardised service. Balancing access with great outcomes enables patient trust! This is key to Medfin and sets them apart from other such providers.”
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