Affordplan raises Rs 20 crore in Series A funding

Prime Venture Partners and Kalaari Capital on Tuesday announced their investment in Delhi-based fintech startup Affordplan, which is focused on making healthcare accessible and affordable through planned savings for non-emergency medical services. 

The startup has raised Rs 20 crore in Series A funding, which it plans to use in expanding its team and geographical footprint. Founded by Tejbir Singh and Hemal Bhatt in December 2015, the platform is currently operational in Delhi/NCR, and plans to expand to three other cities in the next year. 

Affordplan Chief Executive Officer and Co-founder Tejbir Singh said, “We have built a unique solution and are seeing excellent traction from hospitals and patients alike. Our goal is to build the best tech-led healthcare payments platform in India.”