GMoney

Mumbai, India Founded: 2019 • Age: 7 yrs
Financial services for healthcare providers and patients are offered.
Annual revenue $171,776 Latest available
Total funding $845,282 1 rounds
Employees 134 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About GMoney

GMoney is a company based in Mumbai (India) founded in 2019 by Gurmeet Singh. GMoney has raised $845.28 thousand across 1 funding round from investors including Pavin Ventures. The company has 134 employees as of April 09, 2024. GMoney offers products and services including Advance Against Mediclaim, No Cost EMI, Revenue Cycle Management, Cashless Claim Assist, and Receivable Financing. GMoney operates in a competitive market with competitors including CarePal Group, Arogya Finance, Uno Finance, Zenifi and Carepay, among others.

  • Headquarter Mumbai, India
  • Employees 134 as on 09 Apr, 2024
  • Founders Gurmeet Singh
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Gmoney Private Limited
  • Date of Incorporation 24 Oct, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $171.78 K (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    -$899.92 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    -$893.94 K (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $845.28 K (USD)

    in 1 rounds

  • Latest Funding Round
    $845.28 K (USD), Seed

    Jan 28, 2025

  • Investors
  • Employee Count
    134

    as on Apr 09, 2024

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Products & Services of GMoney

GMoney offers a comprehensive portfolio of products and services, including Advance Against Mediclaim, No Cost EMI, Revenue Cycle Management, Cashless Claim Assist, and Receivable Financing.

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Primary

Provides advance payments for medical bills to non-empaneled hospitals.

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Enables interest-free installments for medical bills payments.

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Optimizes hospital billing and claim processing for efficiency.

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Manages insurance claims for hospitals and patients seamlessly.

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Offers financing for delayed receivables in healthcare credits.

Funding Insights of GMoney

GMoney has successfully raised a total of $845.28K through 1 strategic funding round. The most recent funding activity was a Seed round of $845.28 thousand completed in January 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.

Investors in GMoney

GMoney has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pavin Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments in financial software are targeted by Pavin Ventures.
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Investor details for GMoney

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Investments & Acquisitions by GMoney

Investments
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Investment portfolio details for GMoney

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Financial Statements - GMoney

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Detailed financials for GMoney

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Gmoney Comparisons

GMoney Primary company
Description
Financial services for healthcare providers and patients are...
Location
Mumbai, India
Founded Year
2019
Annual Revenue
$171.78 K (USD)
Net Profit
-$899.92 K (USD)
EBITDA
-$893.94 K (USD)
Employees
134
As of 2024
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Peer comparison for GMoney

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Competitors of GMoney

GMoney 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 CarePal Group, Arogya Finance, Uno Finance, Zenifi and Carepay, among others.

Company Name Domain Founded year HQ Location Description
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Healthcare financing is integrated via crowdfunding, lending, and assurance marketplaces.
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Medical loans are extended to unbankable individuals and families.
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Healthcare loans are provided via an online marketplace for patients.
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Multiple installment payment options for healthcare are offered.
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Developer of a healthcare loans lending platform
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Detailed competitors of GMoney

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Latest news on Gmoney

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Complete news archive for GMoney

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Frequently Asked Questions about GMoney

GMoney was founded in 2019 and raised its 1st funding round 6 years after it was founded.

GMoney is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Gurmeet Singh is the current CEO of GMoney. They have also founded this company.

GMoney is a funded company, having raised a total of $845.28K across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at GMoney is 134.

Annual revenue of GMoney is $171.78K as on Mar 31, 2022.

Provider of financial services for healthcare providers and patients. It offers financing options for medical bills, enabling no-cost EMIs. The company also facilitates payments for medical treatments, particularly beneficial for non-empaneled hospitals. Additional services include revenue cycle management, assisting with billing and claim processing, and support for reimbursement claims. It provides cashless claim assistance, acting as a single point of contact for numerous insurance companies and TPAs.

GMoney's top competitors include CarePal Group, Arogya Finance and Zenifi.

GMoney offers Advance Against Mediclaim, No Cost EMI, Revenue Cycle Management, Cashless Claim Assist, and Receivable Financing.

GMoney has 1 investor. Key investors include Pavin Ventures.

The valuation of GMoney is $46.61M as of Jan 2025.

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