Kalaari Capital-backed start-up AffordPlan raises $10 million funding

AffordPlan's savings product makes quality health care more affordable to everyday Indians, says Kalaari Capital MD Vani Kola

AffordPlan, a Kalaari Capital-backed savings led platform for medical expenses, has raised $10 million (Rs 654 million) in Series B funding led by Lok Capital. Omidyar Network, alongside existing investors Prime Venture Partners and Kalaari Capital also participated in the round. 

The Delhi-based start-up, which makes non-emergency expensive procedures such eye care, pregnancy, dental, plastic surgeries, orthopedic, affordable by partnering with hospitals, will be using the funding on deepening its supply chain and launching new financial services products.

On the fund-raise, Lok Capital cofounder Venky Natarajan said, “For the longest period, we have been looking for suitable financial products in