HealthCRED is revolutionizing financing solutions for hospitals in India to address a critical $8 billion working capital gap, particularly benefiting smaller healthcare entities.

Information on the Target

HealthCRED, the latest addition to our portfolio, is positioned to drive innovation in India’s healthcare financing landscape. The company was founded by Shrey Jain, a seasoned entrepreneur who has a deep understanding of the healthcare market. With a vision to alleviate the financial stress experienced by smaller and mid-sized hospitals, HealthCRED seeks to bridge the financing gap that threatens the sustainability of these essential health services.

Shrey's entrepreneurial journey began with aspirations in academia, which took a transformative turn when he enrolled in an entrepreneurship program at Babson College. His subsequent ventures, including NirogStreet and HempStreet, provided him with insight into the complexities of the healthcare industry. Through these experiences, Shrey identified a significant need for improved financial solutions tailored to the needs of hospitals, paving the way for the inception of HealthCRED.

Industry Overview in India

The healthcare sector in India is experiencing unprecedented growth, projected to reach $610 billion by 2026. This expansion brings to light the increasing financial burdens faced by hospitals, particularly