Ashneer Grover, former co-founder and managing director of BharatPe, is poised to re-enter the fintech arena with the launch of ZeroPe, an innovative application dedicated to offering medical loans.
ZeroPe, currently undergoing testing, stems from Grover’s venture, Third Unicorn, as listed on the Google Play Store.
Established in January 2023 by Ashneer Grover, Madhuri Jain Grover, and Chandigarh-based entrepreneur Aseem Ghavri, Third Unicorn initially delved into fantasy gaming with CrickPe. The company secured a notable $3.5 million in a seed round, led by ZNL Growth Fund, alongside Vevek Ventures Investments and Rishaayu LLP.
In collaboration with Delhi-based Non-Banking Finance Company (NBFC) Mukut Finvest, ZeroPe will provide instant pre-approved medical loans of up to ₹5 lakh, exclusively accessible at partnered hospitals and medical centers, according to the company’s website.
This initiative by Grover further expands the landscape of businesses offering instant financing solutions for medical expenses and elective treatments, joining prominent names like SaveIn, Qube Health, Arogya Finance, Neodocs, Fibe, Kenko, and Mykare Health.
“We’ve designed our app to simplify the loan process and make healthcare payments effortless,” states the description on the Play Store.
Also Read: NIA Arrests 2 Masterminds in Rameshwaram Cafe Blast Case near Kolkata
A joint report by consulting firm Boston Consulting Group and Singapore-based venture capital firm B Capital forecasts India’s digital healthcare market to generate $37 billion in revenue by 2030. Within this, healthcare financing alone is estimated to reach $5 billion.
