“BharatPe Co-Founder Ashneer Grover Ventures Back into Fintech with New App”
Renowned fintech entrepreneur Ashneer Grover, co-founder of BharatPe, is gearing up to launch a new fintech venture called the ZeroPe app. This innovative application is poised to revolutionize the medical loans landscape by offering hassle-free and instant pre-approved loans for medical needs.
Renowned fintech entrepreneur Ashneer Grover, co-founder of BharatPe, is gearing up to launch a new fintech venture called the ZeroPe app. This innovative application is poised to revolutionize the medical loans landscape by offering hassle-free and instant pre-approved loans for medical needs.
ZeroPe, currently in the testing phase, is the brainchild of Grover’s firm Third Unicorn, which he co-founded after stepping down from his role at BharatPe. Third Unicorn’s previous venture, CrickPe, a fantasy gaming platform, was launched in 2023. Now, ZeroPe aims to provide seamless access to medical loans of up to ₹5 lakh in partnership with Delhi-based Non-Banking Financial Company (NBFC) Mukut Finvest, exclusively at partnered hospitals and medical centers.
The app’s Google Playstore listing reveals its focus on simplifying medical loan processes and ensuring swift approvals for individuals in need of medical financing. With the digital healthcare market in India witnessing significant growth and the increasing demand for efficient healthcare financing solutions, ZeroPe emerges as a timely and impactful addition to the fintech ecosystem.
Third Unicorn’s successful seed funding round, led by ZNL Growth Fund with contributions from Vevek Ventures Investments and Rishaayu LLP, underscores investor confidence in Grover’s ventures and the potential of ZeroPe to address critical healthcare financing needs.
The launch of ZeroPe aligns with the broader trends in India’s digital healthcare sector, which is expected to generate substantial revenue in the coming years. A joint report by Boston Consulting Group and B Capital forecasts the digital healthcare market to surpass USD 37 billion by 2030, with healthcare financing contributing significantly to this growth.
With Ashneer Grover’s track record of entrepreneurial success and the strategic focus of ZeroPe on facilitating hassle-free medical loans, the app is poised to make a significant impact in the fintech and healthcare financing landscape, offering convenience and financial support to individuals in times of medical need.
Sources By Agencies
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