MedPay
MedPay Connected Care Network (CCN) of clinics, pharmacies and diagnostic centers enables healthcare centers to accept insurance payments in real-time and facilitates a cashless claims process for the insured.
The outpatient market in India is highly unorganized and fragmented. Out of the US$370 billion overall healthcare spend, 70% is on outpatient services. However, insurers and B2C digital health companies are unable to access this market. Part of the reason for this is India’s low health insurance adoption, which is partly due to the lack of an organized and large primary healthcare (PHC) network.
MedPay links primary healthcare centers to a cashless OPD (Outpatient Department) insurance network, expanding their reach and allowing them to provide a seamless, cashless experience to their customers.
Founders
Ravi Chandra
CEO
Ravi is an experienced tech visionary and has worked in the healthcare industry for more than a decade. He has experience building and managing strong startup teams, setting up startup ventures, designing software architecture and building payment solutions. He is also skilled at strategic planning and product management. Ravi graduated with a Master’s in Business Management from the University of Liverpool.
Arun Bhatia
CTO
Arun holds a Master’s of Technology in Computer Science from the Indian Institute of Science, and a Bachelor’s in Computer Science from Thapar Institute of Engineering and Technology. Arun worked in a variety of startups as a software engineer before founding his company.
Milestones
Founded at Entrepreneur First
Seed ($1.2 million) led by GrowX Ventures