New Delhi: In a significant development, BharatPe co-founder and former MD, Ashneer Grover, is gearing up to launch a groundbreaking healthcare initiative with the introduction of the ‘ZeroPe’ app. Designed to address the pressing need for accessible medical financing, ZeroPe aims to provide instant pre-approved medical loans of up to ₹5 lakh to individuals facing healthcare expenses.
The forthcoming app, currently undergoing testing as per its Google Play Store listing, is the brainchild of Grover’s venture, Third Unicorn. This venture marks Grover’s entrepreneurial journey post his exit from BharatPe, signaling his commitment to addressing critical societal needs through innovative solutions.
ZeroPe has forged a strategic partnership with Delhi-based Non-Banking Financial Company (NBFC) Mukut Finvest to facilitate seamless access to instant medical loans. The app’s functionality is designed to streamline the borrowing process, allowing users to avail themselves of financial assistance directly at partnered hospitals.
To access medical loans through ZeroPe, users simply need to download the app, complete a brief application process, and await instant approval. With a focus on user convenience, ZeroPe ensures a hassle-free experience by facilitating direct payment of the approved loan amount to the chosen hospital on behalf of the user.
“ZeroPe ensures a straightforward process by directly paying the approved loan amount on behalf of the user to the chosen hospital,” remarked ZeroPe on its website, underscoring its commitment to simplifying the healthcare financing landscape.
Grover, along with his wife Madhuri Jain Grover and entrepreneur Aseem Ghavri, embarked on the journey of Third Unicorn in January 2023. The launch of ZeroPe represents a pivotal step in Third Unicorn’s mission to catalyze positive change and empower individuals through innovative financial solutions.
While ZeroPe marks the latest addition to Grover’s entrepreneurial portfolio, it also signifies a broader shift towards leveraging technology to address pressing societal needs. With healthcare financing emerging as a critical concern for many, ZeroPe’s entry into the market holds promise for enhancing access to essential medical services and alleviating financial burdens for individuals in need.
