Care.fi Secures USD 8 Million Funding to Fuel Global Expansion, AI Innovation

• Care.fi raised USD 8 million (approx. Rs 72.5 crore) in a Series A funding round.
• The funding includes USD 5 million in equity from July Ventures, Peak XV Partners, Accion Venture Lab, and Sadev Ventures, plus USD 3 million in debt from Trifecta and Vivriti.
• Capital will expand operations in India, accelerate international growth in the US and Middle East, and boost AI-powered product development.
• Founded in 2021, Care.fi provides claim and supply financing for government and insurance schemes like ESI and Ayushman Bharat.
• Its AI-driven platform helps hospitals with documentation, claims processing, and offers working capital solutions for predictable cash flows.