About Care.fi
Care.fi is a Healthcare company based in Gurugram (India) founded in 2021 by Sidak Pal Singh and Vikrant Agarwal. It operates in the Healthcare and Financial Services sectors. Care.fi has raised $10.57 million across 9 funding rounds from investors including Angel List, Vivriti Capital and UC Inclusive Credit. Care.fi was last valued at $20.65 million in July 2024. Its website carefi.in draws about 66 thousand monthly visits. Its Indian entity Care.Fi Technological Solutions Private Limited reported revenue of ₹5.40 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include Perfios, ABI Health and Healspan; 3 of its 3 listed competitors have raised funding.
Company details
Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers. The platform offers claim processing, adjudication, settlement, and reconciliation capabilities. It also provides working capital solutions, including receivables financing and supply chain financing. It also streamlines insurance claim management for hospitals. The platform aims to streamline financial operations for healthcare institutions.
- Headquarters Gurugram, India
- Founders Sidak Pal Singh, Vikrant Agarwal
- Stage Minicorn
- SectorsHealthcareFinancial Services
- Email••••••••
- Phone•••• ••••
- Website carefi.in
- Social LinkedIn
- Legal Name Care.Fi Technological Solutions Private Limited
- Date of Incorporation 14 Oct, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.40 Cr
FY 2024 · +168% YoY
- Net Loss-₹3.81 Cr
FY 2024 · -71% margin
- EBITDA-₹2.55 Cr
FY 2024 · -47% margin
- Total Equity Funding$10.57M (USD)
in 9 rounds
- Latest Funding Round$3M (USD), Debt – Conventional
Feb 2026
- InvestorsAngel List
& 31 more
Associated legal entities of Care.fi
Care.fi operates through Care.Fi Technological Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Care.Fi Technological Solutions Private Limited CIN U72900KA2021PTC153099 | Active | 14 Oct 2021 | Bangalore, Karnataka | ₹5.4 Cr | 32 | 3 | View details |
Funding Insights of Care.fi
Care.fi has successfully raised a total of $10.57M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.57M
- Total Rounds 9
- Last Round Debt – Conventional — $3M
- First Round $2.81M
(Jul 2022)
- Investors Count 32
All 9 funding rounds of Care.fi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $5M | Series A | – | July Ventures | |
| Feb 2026 | $3M | Debt – Conventional | – | – | |
| Apr 2025 | $70,272 | Debt – Conventional | – | – | |
| Mar 2025 | $876,525 | Debt – Conventional | – | – | |
| Sep 2024 | $956,944 | Debt – Conventional | – | – | |
| Jul 2024 | $2.6M | Debt – Conventional | – | – | |
| Jul 2024 | $65,035 | Seed | $20.65M | Trifecta Capital | – |
| Feb 2023 | $2.7M | Seed | $11.78M | Angel List, Kettleborough VC | |
| Jul 2022 | $2.81M | Seed | $••••• | Bhuvan Gupta |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $20.65M | •••••••• |
| Feb 2023 | $11.78M | •••••••• |
| Jul 2022 | $••••• | •••••••• |
Full valuation and stage history of Care.fi
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $20.65M (Jul 2024). 32 investors in total: 15 institutional and 17 angel.
Investors in Care.fi
Care.fi has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Vivriti Capital and UC Inclusive Credit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investments are managed by the B Corp-certified firm. | caspian.in | Hyderabad, India | ||
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture capital services and investment in startups. | 2020 | kettleborough.vc | Ahmedabad, India | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
| julyventures.com | ||||
| sadev.ventures | ||||
An online platform for bond investments is offered. | 2020 | wintwealth.com | Bengaluru, India | |
Provider of financial inclusion services to underserved sectors | 2016 | ucinclusive.in | Bengaluru, India |
Investor details for Care.fi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Care.Fi Technological Solutions Private Limited (Care.fi)
Care.Fi Technological Solutions Private Limited is the primary company behind Care.fi. The board of Care.Fi Technological Solutions Private Limited currently have 3 directors; the longest-serving is Murali Vivekanandan, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Vivekanandan DIN 02114870 | Director | 14 Oct 2021 | 5 yrs | Care.Fi Technological Solutions Private Limited |
| Sidak Pal Singh DIN 09359901 | Director | 14 Oct 2021 | 5 yrs | Care.Fi Technological Solutions Private Limited |
| Vikrant Agrawal DIN 09359902 | Director | 14 Oct 2021 | 5 yrs | Care.Fi Technological Solutions Private Limited |
People of Care.fi
11 people are tracked at Care.fi (4 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Vikrant Agarwal | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Ts Amarnathan | Senior Director Business Development | Leadership |
Manav Fakey | Generalist | Team |
Gautam Goyal | Software Developer | Team |
Nishant Pandey | Sde-1 | Team |
Hemanta Kumar | Software Developer | Team |
Ankit Garg | Senior Engineer | Team |
Harsh Vardhan Singh | Category Growth Manager | Team |
Ritu Anjna | Senior Credit Analyst | Team |
Complete people profiles for Care.fi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Care.fi
Figures of Care.Fi Technological Solutions Private Limited, the primary company behind Care.fi, for FY 2024. Revenue was ₹5.40 Cr (+168% year on year). Net loss was -₹3.81 Cr (-71% margin). EBITDA was -₹2.55 Cr (-47% margin).
- ₹5.40 CrRevenue · FY 2024 · +168% YoY
- -₹3.81 CrNet loss · -71% margin
- -₹2.55 CrEBITDA · -47% margin
- ₹20.2 LakhPaid-up capital
- 32Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Care.Fi Technological Solutions Private Limited are on its company page.
Detailed financial statements for Care.fi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Care.fi
4 dated milestones of Care.fi across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Care.fi is founded.
- Funding First funding round of $2.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $3.0M.
Competitors of Care.fi
Care.fi has 3 listed competitors in our database, 3 of them funded. They include Perfios, ABI Health and Healspan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| abi-health.com | 2013 | Bengaluru, India | $16.18M | 82 | AI-driven solutions for healthcare operations are provided. | |
| healspan.com | 2022 | Bengaluru, India | $440,587 | 41 | Insurance policies and claims are managed via an automated platform. |
Detailed competitors of Care.fi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Care.fi
The website of Care.fi (carefi.in) receives about 66.2K visits a month.
- Monthly visits66.2K
▲ 330.5% vs previous month
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Related news about Care.Fi
Complete news archive for Care.fi
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Frequently Asked Questions about Care.fi
Care.fi was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Care.fi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Care.fi is a funded company, having raised a total of $10.57M across 9 funding rounds to date. The company's 1st funding round was a Seed of $2.81M, raised on Jul 2022.
The primary company behind Care.fi, Care.Fi Technological Solutions Private Limited, reported revenue of ₹5.40 Cr for FY 2024, up 168% year on year.
Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers. The platform offers claim processing, adjudication, settlement, and reconciliation capabilities. It also provides working capital solutions, including receivables financing and supply chain financing. It also streamlines insurance claim management for hospitals. The platform aims to streamline financial operations for healthcare institutions.
Care.fi's top competitors include Perfios, ABI Health and Healspan.
Care.fi has 32 investors. Key investors include Angel List, Vivriti Capital, UC Inclusive Credit, Hindon Mercantile, and Wint Wealth.
The valuation of Care.fi is $20.65M as of Jul 2024.
Care.fi operates through Care.Fi Technological Solutions Private Limited.
The legal entities of Care.fi currently have 3 directors, including Murali Vivekanandan, Sidak Pal Singh, Vikrant Agrawal.