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DIGISPARSH PVT LTD

Fintech focused in healthcare sector only

Mumbai, India

DIGISPARSH PVT LTD
Finance
Series A
Revenue: $1M+ | Monthly Growth Rate: <20%
DigiSparsh
Connect
https://digisparsh.in
$ 3,000,000
15%
$ 500,000
2.5%
Make an Offer

Summary

DigiSparsh is a fintech focused on providing financial services to the healthcare ecosystem in India. We provide lending, insurance claim processing & payment solutions to hospitals & patients in India.

Notable Achievements

  • * DigiSparsh is the only fintech which has been a certified partner of the Ministry of Health of India * Only fintech selected by the Seedstars global impact program * Won many fintech awards in the last two years * First company to launch reimbursement financing & 60-second discharge product for patients in India

The Business

* DigiSparsh is a fintech that caters to the health Insurance claim processing & financing
in India by tying up with hospitals and providing financial services to hospitals & patients.
* We also cater to the uninsured market, which is another 30 Bn USD market in India
* We acquire business either through healthcare aggregators or our direct BD team
* We become a one-stop shop for all kinds of financial services for healthcare sector

The Market

Market Size & Growth

* Insurance Claim Processing & financing- 10 Bn USD
* Total Hospitals in India. - 50,000 +
* Uninsured Market for financing - 30 Bn USD
* Instant Discharge Market - 300 Mn patients every year
* CAGR - Market growing at a CAGR of 15-20%

Objective/Future (Use of funds)

a) Claim Automation Implementation
b) Cash Collateral to increase the credit line for customers
c) Team Expansion
d) Expansion to intenrational markets

The Team

Saurabh Soni - Co Founder & CEO
With more than 23 years of experience across three industries — Telecom, BFSI & Consumer Goods —Saurabh Co-founded DigiSparsh, India’s first fintech providing financial services to the entire healthcare ecosystem during the first lockdown in May 2020.
Prior to starting his own venture Saurabh has also been the CEO for Digital Business, Distribution Business at Essel Finance, Enterprise Mobility & Device Lead at Tata Teleservices, Project Manager – Idea Cellular & Regional Sales Manager – GE Money.
Saurabh particularly specializes in launching new Projects, Channel Sales, using alternate Channels effectively, Tele Sales, Product Management & Device Management.
Akhilesh Gandhi - Co Founder & CTO
Akhilesh brings more than 20 years of tech experience. He has worked in US for 10 years with brands like AT&T, Federal Bank of SF, Cybage & TechMahindra

Growth Roadmap

Uploaded Documents

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$ 3,000,000
15%
$ 500,000
2.5%
Make an Offer

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