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
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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 Gmoney Private Limited
- Date of Incorporation 24 Oct, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$171.78 K (USD)0as on Mar 31, 2022
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Net Profit
$-899.92 K (USD)0as on Mar 31, 2022
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EBITDA
$-893.94 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$845.28 K (USD)
in 1 rounds
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Latest Funding Round
$845.28 K (USD), Seed
Jan 28, 2025
- Investors
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides advance payments for medical bills to non-empaneled hospitals.
Enables interest-free installments for medical bills payments.
Optimizes hospital billing and claim processing for efficiency.
Manages insurance claims for hospitals and patients seamlessly.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $845,282
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First Round
First Round
(28 Jan 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - GMoney | Valuation | Pavin Ventures |
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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 GMoney
GMoney has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pavin Ventures. 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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Early-stage investments in financial software are targeted by Pavin Ventures.
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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 GMoney
| 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 - GMoney
| 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 |
Gmoney Comparisons
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. 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 |
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 |
Developer of a healthcare loans lending platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Gmoney
Frequently Asked Questions about GMoney
When was GMoney founded?
GMoney was founded in 2019 and raised its 1st funding round 6 years after it was founded.
Where is GMoney located?
GMoney is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of GMoney?
Gurmeet Singh is the current CEO of GMoney. They have also founded this company.
Is GMoney a funded company?
GMoney is a funded company, having raised a total of $845.28K across 1 funding round to date. The company's 1st funding round was a Seed of $845.28K, raised on Jan 28, 2025.
How many employees does GMoney have?
As of Apr 09, 2024, the latest employee count at GMoney is 134.
What is the annual revenue of GMoney?
Annual revenue of GMoney is $171.78K as on Mar 31, 2022.
What does GMoney do?
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.
Who are the top competitors of GMoney?
GMoney's top competitors include CarePal Group, Arogya Finance and Zenifi.
What products or services does GMoney offer?
GMoney offers Advance Against Mediclaim, No Cost EMI, Revenue Cycle Management, Cashless Claim Assist, and Receivable Financing.
Who are GMoney's investors?
GMoney has 1 investor. Key investors include Pavin Ventures.
What is GMoney's valuation?
The valuation of GMoney is $46.61M as of Jan 2025.