As competition grows in the organised health care services, Apollo Hospitals, the largest player in the segment, plans to offer new financing options to patients in partnership with financial institutions and start-ups.
The company has recently made a Rs 25-million investment in social-impact crowd-funding platform, Impact Guru Technology Ventures, in a Series A round. This is expected to help the company offer innovative, quick, and cost-effective patient-financing solution.
"We will also pioneer the matching of CSR funds from within the Group as well other organisations from outside along with the generosity of the crowd as we are determined that no one should be denied access to quality care,” said the management in the recent annual report.
“ImpactGuru’s crowd-funding platform has worked best with patients suffering from cancer, those needing organ transplant, paediatric cases, and emergencies. Contributions can be made from within the country or from overseas,” said the report.\