Y combinator backed BNPL fintech startup Bharat X has acquired Zenifi, a healthcare finance startup, and has provided a zero cost and low cost EMI solutions.
The deal also includes Padam Kataria, the co- founder CEO of Zenifi will join BharatX as the head of business- healthcare.
Padam, along with, Harshit Shrivastava and Rajendra Kulkarni, Zenifi provides zero cost and low cost EMI’s to improve conversion rates for healthcare providers. It has tied up with multiple hospitals and aggregators, generating an annual rate of demand worth over Rs. 1.2 crore.
After joining hands with BharatX, the team at Zenifi can use the pre- existing lending platform and realise better economics. This acquisition will allow BharatX to break into healthcare sector.
BharatX will enable financing options for over 125 brands in white labled manner.
