QubeHealth bags funding from Inflection Point Ventures, Green Ivy Ventures & others

▴ QubeHealth
Mumbai, Monday 18 September 2023: QubeHealth (“Qube”), a healthcare payments company has topped up its Pre-Series-A round with investments led by the Inflection PointVentures, Green Ivy Ventures and other Family Investment offices. Keiretsu Forum and other existing shareholders of the company also added to the undisclosed funding amount.

? The Healthcare payments company tops up its Pre-Series-A round
? The company expects to deploy Rs. 3000 Crore in medical credit over the next three years

Speaking on the funding, Chris George, Co-Founder & CEO, Qube said, “Qube is changing the way Indians pay for their family’s healthcare. Integrating payment methods, no-cost medical loans, and an open network of healthcare providers, we are on a mission to make healthcare payments, frictionless. This funding round adds to our pre-series-A corpus and gives us a runway of up to two years while setting us up for our upcoming Series-A.”

Qube, offers a payments system and healthcare credit line to employees of companies that sign up to its QubeHealth-Credit product. Offered as a complement to the group health insurance policy provided by employers.


From paying medical bills that are not covered, or partially covered by health insurance, to paying non-cashless bill payments OR OPD, Qube’s Users borrow and pay as they need from a pre-assigned credit limit. They choose the amount, the healthcare provider and a payback period of up to one year, with no interest or fees on repayments. The credit line is free to the employee, but the employer pays a small subscription fee, on behalf of the employee.

With medical inflation doubling in the last five years, insurance is turning out to be inadequate. Add to this a high friction insurance claims experience, and cashless payments continuing to be a burden, Indians are paying over $55 Billion every year on healthcare
expenses, from their pockets. Qube operates in this part of the healthcare market, using embedded finance and payment systems to provide better access and options for healthcare to employed Indians.


The Company stated that they do not disclose funding amounts, but claimed that it has already activated Rs. 1000 Crore of medical credit to over 2 lakh employees of 270 corporates in India. In the next three years the company expects to deploy Rs. 3000 Crore in medical credit, enabling quick payments via its mobile app to any hospital or clinic in the country, linking a User’s bank account, Insurance payments, employer reimbursements and Qube’s own no-cost credit line.

Qube is only available through Indian employers for the time being.

Commenting on the investment, Mitesh Shah, Co-founder, Inflection Point Ventures said, “The intersection of finance and healthcare is a very interesting area for us and Qube has been at the forefront of this from the time we first invested in the company two years ago. Their focus and financially prudent approach to building a company has seen our initial investment grow four times and we believe that they are on a path to dominate the healthcare payments sector in India.”


Puneet Kothapa, for Green Ivy Ventures added, “Paying for your family’s healthcare is the foremost fear in the minds of any Indian and a solution that helps them in taking control of this will see rapid adoption. We believe Qube has proven that financing and frictionless
payments is a great way to solve the healthcare access problem.”

About QubeHealth


QubeHealth (“Qube”) is a Mumbai headquartered company on a mission to give Indians better control of their healthcare bills. By aggregating healthcare providers, financing companies, and Indian corporates, Qube empowers employed Indians to borrow easily and pay quickly for any health or medical expense. Qube’s product is only available through employers in India.

QubeHealth has partnered with over 270 of India’s largest employers, over 600 brands of health service providers, and over 11,000 hospitals, clinics, and doctors, making it arguably India’s largest healthcare marketplace.


QubeHealth is a Pre-Series-A funded company, with investments from Inflection Point Ventures, Keiretsu Forum, Axiomatic Ventures, New Horizon Ventures, Mr. Mohit Burman (Chairman of Dabur India Ltd.), and other prominent Indian and International angel investors.

This is a press release received from QubeHealth, any views, opinions, statements, or information contained in this press release are solely those of QubeHealth, and do not reflect the views or opinions of Medicircle.

Tags : #QubeHealth #funding #investment #preseed #seriesA #healthcare #InflectionPointVentures #GreenIvyVentures #medicircle

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

The Value of Risk Communication in Public HealthOctober 08, 2026
What Makes a Reliable Health Screening Programme?October 08, 2026
How Language Access Can Improve Patient Communication in Indian HealthcareOctober 07, 2026
Why Health Literacy Matters in Preventive HealthcareOctober 07, 2026
Improving Follow-Up After Diagnostic Testing: Where Systems Commonly Break DownOctober 07, 2026
Improving Follow-Up After Diagnostic Testing: Where Systems Commonly Break DownOctober 07, 2026
How Community Health Workers Support Preventive Care DeliveryOctober 07, 2026
AI in India's Emergency Departments: Reducing Diagnostic DelaysOctober 06, 2026
AI and Patient Consent in India: Who Is Responsible?October 06, 2026
Wearable Technology in Pregnancy: Benefits and LimitsOctober 06, 2026
Remote Monitoring for High-Risk Pregnancies in IndiaOctober 06, 2026
Fortis Escorts Faridabad Launches ‘Sehat Express’ Mobile Bus for Accessible Doorstep Cancer Screening in association with Faridabad Industries Association Charitable Society and Rotary Club FaridabadOctober 05, 2026
Advanced Thrombectomy Saves 60-Year-Old Woman After Severe Heart Attack at KIMS SaveeraOctober 05, 2026
Constipation, Bloating and Long Sitting Hours: Doctors at RG Hospitals Delhi Warn Urban Professionals Not to Ignore Gut ProblemsOctober 05, 2026
Fermenta – Centre of Excellence for Food Fortification Inaugurated at NIFTEM-T, ThanjavurOctober 05, 2026
Alzheimer’s Dementia: Recognising the Signs, Diagnosing Earlier and Changing the Future of Brain HealthOctober 05, 2026
Man Matters Hairfall Case Study 2026: 7 Lakh+ Consultations Reveal How Hair Loss Changes With AgeOctober 05, 2026
Medication Reconciliation: A System-Level Step for Safer Transitions of CareOctober 05, 2026
The Role of Clinical Pharmacists in Safer Medication UseOctober 05, 2026
Nanavati Max Hospital Hosts Max Cancer Congress 2026, Bringing Together Oncology Experts to Explore the Future of Cancer Care October 01, 2026