India’s healthcare and pharmaceutical landscape is undergoing a digital financial shift. As credit transactions become more common across supply chains, a new generation of startups is helping pharmaceutical businesses assess, manage, and mitigate credit risk. From scoring systems and collateral-free financing to automated payment cycles, here are four emerging companies transforming how credit operates in this critical sector.

1. MedScore
Centralizing Credit Risk for Pharma Supply Chains
MedScore is the world’s first dedicated trade credit risk platform for the healthcare and pharmaceutical sectors. Founded in 2025, it empowers distributors, pharmacies, and suppliers to assess customer creditworthiness through a patented scoring system. MedScore’s mission is to foster financial trust and transparency across pharma networks. Its expansion platform, SafeCredits, extends credit evaluation tools into FMCG, retail, and manufacturing as well.

2. HealthCRED
Flexible Financing for Pharma Manufacturers and Distributors
HealthCRED provides custom capital solutions to a wide range of healthcare stakeholders—hospitals, drug manufacturers, medical distributors, and more. By improving cash flow reliability and reducing financing delays, it strengthens the backbone of pharma operations. HealthCRED’s impact is aligned with building a more inclusive financial environment in healthcare.

3. Mintifi
Empowering Pharma Distributors with Digital Credit Access
Mintifi offers collateral-free purchase financing solutions to distributors, including those in the pharmaceutical supply chain. With a strong focus on simplifying credit access, invoicing, and payments, Mintifi helps pharma stakeholders expand operations with ease. Its digital-first model supports faster transactions and deeper reach across Tier II and III cities.

4. Cashflo
Automating Payables and Financing for Pharma Enterprises
Cashflo is an integrated accounts payable and supply chain financing platform that partners with companies across sectors, including pharma. With clients such as Zydus Healthcare and Lupin, Cashflo streamlines payment cycles, offers early payment options, and improves cash flow management—critical needs for pharma companies managing complex supplier networks.