Titan Capital

ClaimBuddy raised $5 million in Series A round

15-Apr-2024

We are delighted to announce that our portfolio company and the health insurance claim assistance platform ClaimBuddy, raised $5 million in Series A round led by Bharat Innovation Fund participation from Japanese fund CAC Capital, and existing investors including Chiratae Ventures and Rebright Partners.

 

ClaimBuddy was founded by Khet Singh Rajpurohit and Ajit Patel, with an aim to find a seamless solution in the Healthcare financing space, to address the challenges faced by patients and hospitals in the health insurance claim process.

 

As their first investors, we constantly support ClaimBuddy’s mission to revolutionize healthcare and simplify insurance claims for patients and hospitals across India.
This investment will help ClaimBuddy in the advancement of its technology, expand its team and sales network, and add new product lines for its growing network of hospitals, the company said in a press release.

 

Speaking on the announcement, Khet Singh Rajpurohit, CEO at ClaimBuddy said, “Our vision for ClaimBuddy has always been to alleviate the burden on both patients and hospitals in navigating complexities of healthcare expenses & health insurance claims. With this significant investment, we are well-positioned to introduce innovative financial tools & scale our operations and continue driving meaningful impact in the healthcare industry.”

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