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ClaimBuddy secured $5 million in Series A funding led by BIF (Bharat Innovation Fund) and CAC Capital to advance its technology and expand its services.

ClaimBuddy secured $5 million in Series A funding led by BIF (Bharat Innovation Fund) and CAC Capital to advance its technology and expand its services.

04/13/24, 6:51 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgdelhi
Money raised
$5 million
Round Type
series a
Investors
Rebright Partners, Chiratae Ventures, Cac Capital, Bif (Bharat Innovation Fund)
ClaimBuddy, the health insurance claim assistance platform, successfully closed its Series A funding round, securing $5 million in investment. The funding was led by BIF (Bharat Innovation Fund) and saw participation from Japanese fund CAC Capital, as well as existing investors Chiratae Ventures and Rebright Partners. This investment will help ClaimBuddy advance its technology, expand its team and sales network, and add new product lines for its growing network of Hospitals.

Company Info

Company
Claim Buddy
Location
delhi, delhi, india
Additional Info
The company said it has processed claims worth more than Rs 100 crore and works with more than 120 hospitals. The startup raised an undisclosed sum in a funding round last year from Titan Capital and other investors.