Ashneer Grover Set to Make Fintech Comeback with App- ‘ZeroPe’

Ashneer Grover, the co-founder of BharatPe, is gearing up to make a significant comeback in the fintech arena with the unveiling of the ZeroPe app, according to a report by Media source Offering medical loans to consumers, this new app is self-assured to revolutionize access to healthcare financing.

ZeroPe simplifies the process for users interested in obtaining medical loans. A straightforward application process via the app leads to swift approval, granting instant access to much-needed funds.

This innovative app, currently in its testing phase, assuring to provide flexible loan options tailored specifically for healthcare needs. Co-founded by Ashneer Grover and Aseem Ghavri, also a co-founder at Third Unicorn, ZeroPe is backed by the tech startup Third Unicorn.

Following his departure from BharatPe, Grover launched Third Unicorn, which not only developed the ZeroPe app but also introduced Crickpe a cricket fantasy gaming platform. Crickpe allows users to create virtual teams comprising real players and participate in contests based on their on-field performance, offering an engaging gaming experience. Recently, Third Unicorn secured approximately $4 million in seed funding, as reported by Media.

In collaboration with Mukut Finvest, a Delhi-based non-banking financial corporation (NBFC), ZeroPe aims to provide medical expense coverage of up to Rs 5 lakhs. To avail of these services, customers are required to complete the KYC verification process post-app download. Although the exact timeline for loan disbursal remains unspecified, the app assures swift fund transfer upon approval, ensuring quick access to funds when needed.

ZeroPe is entering a competitive landscape populated by other instant financial loan platforms such as SaveIn, Qube Health, Mykare Health, Arogya Finance, Neodocs, among others. As India's digital healthcare sector continues to flourish, a joint report by Boston Consulting Group and B Capital predicts that by 2030, it could generate revenue upwards of $37 billion.