Kunal Shah Backed Anq Acquires Kiwimoney To Foray Into Healthcare-Focussed Lending Space

Kunal Shah Backed Anq Acquires Kiwimoney To Foray Into Healthcare-Focussed Lending Space

SUMMARY

With the acquisition, Anq aims to ramp up its fintech capabilities, while expanding into lending-related businesses, scaling up portfolio and widening footprint

Founded by Shrikant Bhalerao this year, Kiwimoney offers loans for healthcare needs spanning across proctology, laparoscopy, urology, vascular, ophthalmology, gynaecology, cosmetic, ENT, orthopaedic and dental

Anq, founded by Ashish Khandelwal, Abhinav AV and Swagat Sarma in 2022, offers prepaid cards that reward users with gold and digital assets for their day-to-day spending

Digital banking platform Anq Finance, which counts Kunal Shah (Cred), Ashish Sharma (Innoven Capital) and Madhusudan (M2P) among its investors, has acquired healthcare-focussed lending startup Kiwimoney for an undisclosed amount.

With this buyout, Anq aims to ramp up its fintech capabilities, while expanding into lending-related businesses, scaling up portfolio and widening footprint, the Bengaluru-based startup said in a statement on Wednesday (December 13).

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.