Healthcare-focussed Fintech Icanheal Bags Rs 15 Cr From IvyCap Ventures

Icanheal, a healthcare financing solutions provider secured Rs 15 crore from IvyCap Ventures. This investment aims to bolster Icanheal's platform, enhancing its capabilities to cater to millions of patients, particularly those facing critical care diseases like cancer, by providing customised healthcare financing solutions. In India, millions of patients, including those battling critical diseases like cancer, often struggle to access timely and affordable treatments.

The company aims to address this critical gap by providing innovative healthcare financing solutions tailored to each patient's needs. Whether through innovative access programs, easy-to-pay installments or claims reimbursement, the solutions are designed to enhance accessibility and promote better adherence to treatments, thereby improving overall patient outcomes.

Vikram Gupta, Founder and Managing Partner, IvyCap Ventures, stated, "IvyCap Ventures is committed to supporting innovations that address critical healthcare challenges in India. Icanheal's unique approach to improving healthcare affordability through customised financing solutions resonates deeply with our mission. By democratising access to advanced medical treatments and enhancing patient adherence, Icanheal is poised to make a significant impact in the healthcare sector." He will join the Icanheal board on behalf of IvyCap Ventures.

Girish Poddar and Amit Backliwal, Founders of Icanheal, commented, "We are grateful to Vikram and IvyCap Ventures for their trust and investment in our vision. Healthcare in India is evolving rapidly, and our platform aims to make advanced treatments more affordable and accessible to all patients. This funding will enable us to scale our operations and further our mission of improving healthcare outcomes nationwide."