ClaimBuddy is a MediClaim support company that provides a one-stop solution for claim assistance for patients and healthcare providers. It was founded in 2020 and is based in Gurugram, India.
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Expert Collections containing ClaimBuddy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ClaimBuddy is included in 1 Expert Collection, including Digital Health.
Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)
Latest ClaimBuddy News
Oct 31, 2022
Synopsis After two rounds of deliberations and voting, Solinas edged out ClaimBuddy, a Gurgaon-based Mediclaim support startup, in a close contest with the jury praising IIT Madras-incubated deep-tech startup’s attempt to solve what they said is a massive problem in India. ETtech Founded in 2018, Solinas develops robotic solutions for the pipeline and sanitation industry, addressing leakages and eliminating manual scavenging (Illustration: Rahul Awasthi) The ten-member ET Startup Awards jury got into a detailed discussion before picking Solinas Integrity , whose robotics solutions help eliminate manual scavenging, as the winner of this year’s Best on Campus category. After two rounds of deliberations and voting, Solinas edged out ClaimBuddy , a Gurgaon-based Mediclaim support startup, in a close contest with the jury praising IIT Madras-incubated deep-tech startup’s attempt to solve what they said is a massive problem in India. “Human lives are lost cleaning sewage pipes... This is a major issue which needs to be addressed,” a jury member said. Founded in 2018, Solinas develops robotic solutions for the pipeline and sanitation industry, addressing leakages and eliminating manual scavenging. It focuses on short-range and long-range pipeline inspection and robotic cleaning of septic tanks. “It is truly a campus startup... A student teamed up with his professor to solve a problem with a clear impact on a societal issue like manual scavenging,” one of the jury members said. Solinas’ products have been deployed in multiple cities including Coimbatore and Chennai, and have been showing a strong impact in terms of savings (600,000 litres saved every km of inspection) as well as reduction in manual labour. Discover the stories of your interest “Sanitation workers clean sewers at great personal risk and every few months one or two of them lose their lives doing their jobs,” said jury member Sanjeev Bikhchandani, cofounder at Info Edge . “Saving lives is more important than any financial return,” he added, justifying the jury decision to choose Solinas over ClaimBuddy. As for ClaimBuddy, a health insurance claims support company that works with patients and hospitals, the jury was of the view that it is tackling a real challenge which will compound over the next few years, giving the company a long runway. “This award recognises and validates our efforts and our business idea… We are on track to expand our business to Maharashtra, Kerala, Telangana, Andhra Pradesh, and some areas in Bihar, and receiving the Best on Campus award at the ET Startup Awards gives us strong credibility as we build our partnerships,” said Divanshu Kumar, cofounder and CEO of Solinas Integrity. The idea for Solinas came during the final years of a project that Kumar worked on along with his professor Prabhu Rajagopal. Seeing the plight of manual scavengers, they decided to develop a robot. In 10 months, they were able to design and develop a prototype that won the best masters project at IIT Madras. The startup now has six people sharing major responsibilities – Kumar, Bhavesh Narayani, Moinak B, and Linda Jasline, along with faculties Rajagopal and Krishnan Balasubramanian. The startup is looking to ramp up its talent in software and electronics as it looks to improve its city-based dashboard where pipeline data can be fed in for greater ease of data-driven decision making. It is also looking to hire for sales and business development roles. Solinas recently closed a seed funding round of Rs 4.5 crore where the investors included 8x Ventures, Lister Ventures, and Kotta Enterprises of Weizmann Group. Other Contenders ETtech Khet Singh, cofounder, ClaimBuddy What it Does: ClaimBuddy’s digital infrastructure helps hospitals streamline their financial and operational processes. It enables hospitals to process claims and assists patients in getting the highest claim payout. The startup provides tech and financing solutions to hospitals and doctors which, it claims, improves their operational and financial efficiency by at least 30%. Sanfe | Archit Agarwal and Harry Sehrawat ETtech Sanfe founders Archit Aggarwal and Harry Sehrawat What it Does: Sanfe is an internet-first brand offering women’s hygiene products. It collates customer insights in areas such as female fitness, body concerns, shaving and hair removal. It then develops products around these insights and scales them up rapidly using the D2C channel. Bhanzu | Neelakantha Bhanu Prakash, Prachotan DL, Krishnakanth JSS, Alluru Uday Kiran and Srinivas Jonnalagadda ETtech The team at Bhanzu What it Does: Bhanzu is a global math learning platform that aims to eradicate math phobia and change the way students perceive the subject. It is trying to encourage careers in the math and STEM fields and also aims to introduce students to science, coding and AI, through the lens of math. Vecros | Besta Prem Sai, Sai Haneesh Allu (ex-cofounder), and Rajeshree Deotalu ETtech Best Prem Sai, founder, Vecros What it Does: Vecros, a robotics company founded by IIT Delhi alumni, builds drones for aerial inspections. Vecros has patented a design for its indigenous drone and wants to extend these capabilities to disrupt the way critical infrastructure is inspected. It is also developing legged robots for indoor, on-ground inspections. Read More News on
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ClaimBuddy Frequently Asked Questions (FAQ)
When was ClaimBuddy founded?
ClaimBuddy was founded in 2020.
Where is ClaimBuddy's headquarters?
ClaimBuddy's headquarters is located at B1, Block B, Greenwood City, Sector 45, Gurugram.
What is ClaimBuddy's latest funding round?
ClaimBuddy's latest funding round is Seed VC - II.
How much did ClaimBuddy raise?
ClaimBuddy raised a total of $3M.
Who are the investors of ClaimBuddy?
Investors of ClaimBuddy include Titan Capital, Chiratae Ventures, Rebright Partners, Relentless Pursuit Partners, Chiratae Sonic and 4 more.
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