The best stories of the day, in your inbox

BharatPe Co-Founder Launches ZeroPe: A New Medical Loan App


Ashneer Grover, the co-founder and former managing director of BharatPe, is making waves in the fintech industry once again. This time, he’s stepping into the spotlight with a brand-new venture: ZeroPe. The app, currently in its testing phase, is designed to revolutionize medical loans.

ZeroPe: Bridging the Gap in Medical Financing

ZeroPe, developed by Third Unicorn, aims to address the financial challenges faced by individuals seeking medical treatment. Here are the key highlights:

  1. Instant Pre-Approved Medical Loans: ZeroPe offers instant pre-approved medical loans of up to Rs 500,000 (approximately $6,700). These loans are designed to provide timely financial support to those in need.
  2. Collaboration with Mukut Finvest: ZeroPe has partnered with Delhi-based Non-Banking Financial Company (NBFC) Mukut Finvest to facilitate seamless medical financing. The service is exclusively available at partnered hospitals, ensuring accessibility for patients.
  3. A Growing Trend: Ashneer Grover’s entry into the medical financing arena aligns with a broader trend. Several startups, including SaveIn, Qube Health, Arogya Finance, Neodocs, Fibe, Kenko, and Mykare Health, are already offering instant financing solutions for medical bills and elective treatments.

Third Unicorn’s Journey

In January 2023, Ashneer Grover, along with his wife Madhuri Jain Grover and Chandigarh-based entrepreneur Aseem Ghavri, founded Third Unicorn. Initially, the company launched CrickPe, a platform competing with giants like Dream11, Mobile Premier League (MPL), and Games24x7’s My11 Circle. The seed funding round for Third Unicorn raised an impressive $3.5 million, with investments from ZNL Growth FundVevek Ventures Investments, and Rishaayu LLP.

The Digital Healthcare Landscape

Startups like ZeroPe are part of a larger movement to integrate data-driven medical loans into the healthcare ecosystem. With a focus on hospitalization, home care, and chronic care management, these platforms aim to streamline financing options. A joint report by Boston Consulting Group and B Capital projects that India’s digital healthcare market could generate $37 billion in revenue by 2030, with healthcare financing contributing $5 billion to this figure.

As Ashneer Grover ventures into fintech once more, ZeroPe holds the promise of transforming medical financing, making quality healthcare accessible to all.

Filmmaker Payal Kapadia has scripted history by becoming the first Indian

YouTube Music has just rolled out an exciting new feature

A devastating fire broke out at the New Born Baby Care

A devastating fire at the TRP amusement and theme park’s

Kabosu, the Shiba Inu that became a global sensation as

Exactly two years after the tragic Uvalde school massacre, families

Port Moresby, Papua New Guinea: A devastating landslide in Papua New

In a significant development, Bibhav Kumar, the main accused in

The West Bengal Criminal Investigation Department (CID) has made a

In a significant development for Tamil Nadu’s ambitions of becoming

China’s People’s Liberation Army (PLA) has initiated large-scale military exercises

Activision has officially announced the highly anticipated Call of Duty: Black Ops

Bollywood superstar Shah Rukh Khan has been discharged from Ahmedabad’s

The Indian Meteorological Department (IMD) has issued warnings for Cyclone

At least seven people lost their lives, and 48 others

Singapore Airlines Flight SQ321, en route from London to Singapore,

Microsoft has just unveiled its latest innovation in the PC

In a significant development, the High Court of the United Kingdom has

Indian students studying medicine in Kyrgyzstan’s capital city, Bishkek, find

Two people tragically lost their lives in a horrific accident

In a high-stakes clash during the IPL 2024, Chennai Super

Rockstar Games, the renowned developer behind the Grand Theft Auto

Prafulla Dhariwal, an Indian computer scientist, has emerged as the

In a move to revitalize its tourism industry, China has

Get daily updates in your inbox. Subscribe to our newsletter.