A smart Healthcare payment startup based in Mumbai, QubeHealth is under process to raise funds $6 to 9 million in series series A round within next three to four months from a Japanese fund & a Singaporean fund.

According to the sources, the funding round is foreseeing to witness participation from its current investors including Inflection Point Ventures, Keiretsu Forum, Axiomatic Ventures, New Horizon Ventures, Mohit Burman (Chairman of Dabur India), and other family offices.

The inventive startup is also planning to create a digital healthcare marketplace on the app.  The App will provide the accurate list of hospitals, clinics, pharmacies and diagnostic centers in major cities & nearby areas across the country.

After this round, the valuation of the healthtech startup may increase double to 400 crore. This revenue generates with less than six month after completing the pre-series A topup funding round of 25 crore.

Established by Chris George and Gagan Kapur in 2020, QubeHealth is a B2B healthtech startup that presents two major products which are, Qube Pay - a UPI-based payments element that offers more than 10 percent cash back on every payment transaction; Qube Cash - a health-care credit line that offers up to 10 lakh at zero cost EMIs for more than 12 months.

Also the health care credit line of QubeHealth covers the digital healthcare areas such as costly procedures for eye care, dental care, skin care and even pet care, which isn’t typically covered by an regular group health insurance of the employee. So, the respective employee can utilize this credit line to opt for such medical services and alter them into zero cost EMIs up to 12 months.

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