HealSpan: Revolutionizing Insurtech with PedalStart’s Game-changing Funding

TLDR: HealSpan, an insurtech startup based in Bengaluru, has secured Rs 1.2 crore in a pre-seed funding round led by startup accelerator PedalStart. The new capital brings the company’s total funding to Rs 1.7 crore and positions it for significant growth in India’s competitive insurance technology sector. HealSpan focuses on streamlining the insurance claims process for healthcare institutions, aiming to reduce payment turnaround time by 30% and settle long-pending claims within 90 days. The company plans to use the funding to invest in technology infrastructure, talent acquisition, and business operations, with a goal of expanding its services to at least 1,000 hospitals by the end of 2025.