Startups

Rubique and Credihealth tie-up to offer collateral-free medical loan facility

Medical assistance company Credihealth has partnered with Rubique to offer medical loan facility on its platform. Users can apply for medical loans via Credihealth and make paperless in-principal transactions to avail loans ranging from Rs. 30,000 to Rs. 50 lakhs, for a tenure, starting from six months to 48 months.

Rubique and Credihealth tie-up to offer collateral-free medical loan facility

Further, the partnership will allow Credihealth to access to Rubique’s advanced technology platform, network of 65+ financial institution tie-ups, and strong distribution across 29 cities.

Commenting on the development, Ravi Virmani, founder and MD of Credihealth, said, “Credihealth is making it convenient for patients to pay their medical bills through an EMI model. We are also leveraging our superior network of service providers and procurement supply chain to reduce the overall cost of care in the ecosystem.”

Gurgaon-based Credihealth is an online healthcare marketplace that provides end to end services including information on various medical ailments, doctors, hospitals, treatments and their implications and post treatment care. The startup’s core business lies in providing its customers with detailed information about hospitals and healthcare providers.

Credihealth envisions creating a favorable environment where healthcare is more accessible, affordable and actionable for millions of people around the country. To accomplish this goal, it has ensured that those in need get the much-needed financial assistance at a very competitive price.

“This association will allow us to enable quick and hassle-free medical loans to millions of Indians in need of healthcare services through our state-of-the-art, innovative platform. We are confident that our mutual synergies will help in making quality healthcare more accessible to a larger part of the country’s population,” said MD and CEO Rubique, Manav Jeet.

Credihealth is founded in January 2014, it is now active in Delhi NCR, Mumbai Region, Kolkata, Hyderabad and Chennai. It is a venture of Ravi Virmani, Gaurav Gaggar, Saurabh Uboweja, and Hausela Capital Partners.

The company expects to reach out to a much larger audience with its unique healthcare proposition through the partnership, and will also benefit from fulfillment support enabled through Rubique’s fulfillment centers. For its future tie-ups as well, it is focused on teaming up with only those financial services players that are highly transparent and give loans at attractive and fair rates. Credihealth is also in talks with other financial services players for the same.

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