• Finclable News

Vital raises ₹22 Crore as Pre Series A Funding

Vital, a next-generation health insurance focused InsurTech platform, has raised a total of $3 million in a pre-series A round led by BLinC Invest, a well-known venture capital firm in India. The pre-series A round was also attended by Venture Catalyst, Survam Partners, and a number of additional angel investors.

Vital is a next-gen health financing platform that covers you for all your health & wellness needs. We aim to provide the best healthcare through comprehensive yet simple-to-use financial products.

When you need it, Vital covers any unexpected hospitalisation costs, planned elective operations, and all wellness treatments. Furthermore, it finds you the finest deals on your routine health needs as well as cashbacks.

All of this is accomplished by combining a curated health and wellness marketplace, individualised health insurance, and a no-cost health credit line.

Vital is founded by Rahul Kumar, Co-founder of India's first dating app Truly Madly. Rahul was also a part of the senior management teams at Expedia and Make My Trip. With extensive experience in Product Management, he has a passion for building robust Product and Tech teams

Jayan Mathews has joined Rahul to cofound Vital with over 14 years of experience in Health Insurance in India. Jayan has led the Product and Digital divisions at Apollo Munich. Prior to it he led the Health and traditional Product Development at ICICI Prudential.