Healthcare payments startup QubeHealth raises funding from Inflection Point Ventures, Green Ivy, others

Green Ivy Ventures, Family Investment offices, Keiretsu Forum and other existing investors also participated in the round

QubeHealth has activated Rs 1,000 crore of medical credit to over 2 lakh employees of 270 corporates in India and expects to deploy Rs 3,000 crore in medical credit in the next three years

The startup empowers employed Indians to borrow easily and pay quickly for health or medical expenses with a predetermined credit limit and up to one year repayment period without any interest or fees

The credit line is free to the employee, but the employer pays a small subscription fee on behalf of the employee