Healthcare startup Letsmd.com helps to choose best hospital deals and EMIs for surgeries - Startup news, funding, investment, entrepreneurs, earn money, technology etc

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Wednesday, March 29, 2017

Healthcare startup Letsmd.com helps to choose best hospital deals and EMIs for surgeries

Few entrepreneurs build a healthcare startup Letsmd.com which helps to choose best hospital deals and EMIs for surgeries. Through this startup a person can choose the hospital, the doctor and get the price/cost comparisons from 300 of the 500 speciality tertiary-care hospitals in the capital.

Also read: Eren Bali Co-Founder of Udemy raised $6.5 million for his newest health startup


Letsmd.com also facilitates loans for patients for a duration of 10-24 months at an interest of 6.5-10 per cent.

Letsmd.com founder Nivesh Khandelwal said, Through our website, a person can compare the hospitals, look at doctor videos, compare pricing for the surgery and book an appointment at the hospital of his/her choice. We also give an option to convert the surgery bill into low interest EMIs if the person pays up 20 per cent of the loan amount upfront. Of the 20 per cent upfront payment, 7 per cent goes to the hospital while Letsmd retains the rest 13 per cent as facilitation charges.

The startup has tied up with Arogya Finance and LoanTap for facilitating loans for the patients.

He also said, We hope to expand to Mumbai, Bengaluru and Hyderabad by May/June by when we would also be looking at raising some $5 million more. And also plan to offer loans to 30 elective surgeries.

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