MeraDoctor, a Mumbai-based provider of solutions to help low-income Indian families access and afford healthcare, received an investment from Accion.
Accion made the investment through Venture Lab, its $10m seed-capital initiative that invests in and support innovative start-up companies that help expand global financial inclusion for the world’s poor. Venture Lab provides either convertible debt or equity, typically in the range of US $100k–$500k.
MeraDoctor has pioneered a “health-plus-finance” model that combines 24-hour advice from doctors with health insurance and discounts on tests and medicines to prevent poverty-inducing health shocks right from the first symptom.
FinSMEs
15/11/2013