The company said that newly raised capital will be used to expand into additional Indian cities, accelerate international expansion across the US and the Middle East, and invest further in product development for its AI-powered healthcare operating system.
“This capital allows us to go deeper on our core mission: making healthcare revenue operations seamless and invisible for hospitals. We are building an AI-first healthcare operating system that takes care of revenue end-to-end, so hospitals can focus on patient outcomes, and patients can experience care with confidence and dignity,” said Vikrant Agrawal, co-founder, Care.fi.
Care.fi said India’s healthcare system is entering a decade of scale, with FY25 alone seeing over 32.6 million health insurance claims settled and payouts exceeding ₹ 94,000 crore. The company noted that the issuance of more than 36.9 crore Ayushman Bharat cards has further expanded access to cashless care.
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As coverage widens across government and private schemes, hospitals are increasingly grappling with rising claim volumes, tighter compliance requirements, and expectations for faster and more predictable settlement cycles.
Care.fi claimed that its AI-driven platform supports hospitals with documentation, coding, claims processing, and collections, while its NBFC arm provides working capital solutions aimed at enabling more predictable cash flows. The company’s systems are deployed across Ayushman Bharat and multiple government and private insurance programs.
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“Healthcare delivery in India is scaling faster than the financial rails that support it. We are building Care.fi to be the underlying revenue infrastructure for insurance-led healthcare, one that brings speed, clarity, and trust to every discharge and every settlement,” said Sidak Singh, co-founder, Care.fi.
