Credihealth raises $1.5 million in pre-series A funding

NEW DELHI: Credihealth, an online medical assistance firm, on Monday said it has raised $1.5 million (over Rs 9 crore) from Tolaram Group and Mountain Pine Capital.

The pre-series A funding also saw participation from former KPMG partner Bala Swaminathan, one of the earliest investors in the platform.

With this round of funding, Credihealth aims to expand its operations and fund the new services to address the non- clinical pain points of patients, it said in a statement.

"The funding will primarily be utilised to augment technology and infrastructure to expand services and introduce new products," Credihealth founder and MD Ravi Virmani said.

Credihealth leverages technology to offer support for all medical needs of consumers. It has tie-ups with over 630 hospitals like Fortis, Medanta, Columbia Asia, BLK, Paras, Artemis, etc.