About Carepay
Carepay is a company based in Gurugram (India) founded in 2022 by Nupur Khandelwal and Gaurav Gupta.. Carepay has raised $911.61 thousand across 3 funding rounds from investors including Powerhouse Ventures, Bro138 and Investopad. Carepay operates in a competitive market with competitors including GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, among others.
- Headquarter Gurugram, India
- Founders Nupur Khandelwal, Gaurav Gupta
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Carecoin Technologies Private Limited
- Date of Incorporation 13 Dec, 2022
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-30.31 K (USD)0as on Mar 31, 2023
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EBITDA
$-30.31 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$911.61 K (USD)
in 3 rounds
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Latest Funding Round
$22.61 K (USD), Seed
May 15, 2025
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Investors
Powerhouse Ventures
& 16 more
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Employee Count
Employee Count
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Funding Insights of Carepay
Carepay has successfully raised a total of $911.61K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $22.61 thousand completed in May 2025. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $22,612
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First Round
First Round
(20 Jun 2023)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Carepay | Valuation | Dinesh Gulati | |
| Aug, 2023 | Amount | Seed - Carepay | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Carepay | Valuation | Apex Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Carepay
Carepay has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Powerhouse Ventures, Bro138 and Investopad. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Bro138 is recognized as a trusted online slot platform in Indonesia.
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Founded Year | Domain | Location | |
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Startups are funded and accelerated by Investopad's venture capital programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carepay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carepay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carepay Comparisons
Competitors of Carepay
Carepay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial services for healthcare providers and patients are offered.
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| domain | founded_year | HQ Location |
Healthcare financing is integrated via crowdfunding, lending, and assurance marketplaces.
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| domain | founded_year | HQ Location |
Medical loans are extended to unbankable individuals and families.
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| domain | founded_year | HQ Location |
Healthcare loans are provided via an online marketplace for patients.
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| domain | founded_year | HQ Location |
Multiple installment payment options for healthcare are offered.
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| domain | founded_year | HQ Location |
Healthcare plans with medical loans and benefits are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Carepay
When was Carepay founded?
Carepay was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Carepay located?
Carepay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Carepay a funded company?
Carepay is a funded company, having raised a total of $911.61K across 3 funding rounds to date. The company's 1st funding round was a Seed of $38.99K, raised on Jun 20, 2023.
What does Carepay do?
Carepay was founded in 2022 in Gurugram, India, within the fintech sector focused on healthcare financing. A lending platform is operated to provide healthcare loans funded from the companys own balance sheet, alongside payment management tools. EMI plan oversight, e-commerce integrations, and health service aggregation are also facilitated for users across the region.
Who are the top competitors of Carepay?
Carepay's top competitors include CarePal Group, GMoney and Arogya Finance.
Who are Carepay's investors?
Carepay has 17 investors. Key investors include Powerhouse Ventures, Bro138, Investopad, 77 Capital, and Untitled Group.