FinTech Startup AffordPlan Raises Funding from Lok Capital
AffordPlan, the healthcare financial planning platform recently raised a funding round of Rs 55.8 crore in a Series B funding round from Lok Capital and Omidyar Network. This funding round also saw the participation of existing investors Prime Venture Partners and Kalaari Capital.
The company which is owned and operated by Usekiwi Infolabs Private Limited first allotted 20 equity share of Rs 10 a piece at a premium of Rs 52,741.18 a piece as well as 10,584 Series B preference share worth Rs 20 a piece at a premium of Rs 52,731.18 per share.
Affordplan is a platform that helps its users plan and prepare medical expense for non-life threatening injuries and interventions. Affordplan is a company based in Delhi and was founded in 2015 by MIT/IIM alumni Tejbir Singh and Hemal Bhatt who a...