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GMoney - About the company

GMoney is a seed company based in Mumbai (India), founded in 2019 by Gurmeet Singh. It operates as a Provider of medical financing solutions, including loans and no-cost EMI options. GMoney has raised $11.3M in funding from Pavin Ventures, with a current valuation of $*****. The company has 13 active competitors, including 6 that are funded. Its top competitors include companies like Arogya Finance, LetsMD and AyushPay.

Company Details

Provider of medical financing solutions, including loans and no-cost EMI options. It facilitates advance payments against mediclaim policies for healthcare services. The company offers revenue cycle management, cashless claim assistance, and receivable financing.
Social
Facebook
Email ID
*****@gmoney.loans
Registered Address
1019 C WING,215 ATRIUM NEXT TO COURTYARD MARRIOTT, A.K.ROAD,ANDHERI EAST MUMBAI, Mumbai City, MUMBAI, Maharashtra, India, 400093
Key Metrics
Founded Year
2019
Location
Mumbai, India
Stage
Seed
Total Funding
$11.3M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 28, 2025
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
222 as on May 31, 2026
Investment & Acquisitions
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GMoney's funding and investors

GMoney has raised a total funding of $11.3M over 3 rounds. Its first funding round was on 2020. Its latest funding round was a Seed round on Jan 28, 2025 for $*****. 1 investor participated in its latest round. GMoney has 2 institutional investors.

Here is the list of recent funding rounds of GMoney:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 28, 2025
9824600
Seed
6051626
9222923
9636892
6958975
2022
8849
Seed
4375
9960
2627
6821
2020
7119
Seed
3223
5483
7389
1349
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GMoney's founders and board of directors

Founder? Claim Profile
The founders of GMoney is Gurmeet Singh. Gurmeet Singh is the CEO of GMoney.
Here are the details of GMoney's key team members:

GMoney's Board of Directors

GMoney's board has 2 active members. Gurmeet Singh is part of team and Darshan Patodi is independent board member.
Here is the list of GMoney's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 11m
Independent board member
-
Current
4y 4m
{umizqs
Independent board member
-
Past
9y 2m

GMoney's employee count trend

GMoney has 222 employees as of May 26. Here is GMoney's employee count trend over the years:
Employee count trend for GMoney
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GMoney's Competitors and alternates

Top competitors of GMoney include Arogya Finance, LetsMD and AyushPay. Here is the list of Top 10 competitors of GMoney, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Arogya Finance
Arogya Finance
2011, Mumbai (India), Seed
Provider of medical loans for treatments and surgeries to individuals
$988K
61/100
2nd
Logo for LetsMD
LetsMD
2015, Delhi (India), Seed
Platform offering medical financing solutions
$2.53M
53/100
3rd
Logo for GMoney
GMoney
2019, Mumbai (India), Seed
Provider of medical financing solutions, including loans and no-cost EMI options
$11.3M
53/100
4th
Logo for AyushPay
AyushPay
2021, Delhi (India), Seed
Provider of healthcare plans offering medical loans and related health benefits
$3.01M
45/100
5th
Logo for Eazr
Eazr
2020, Mumbai (India), Seed
Eazr is a fintech platform that offers a mobile-based application for seamless credit management, providing instant credit access and facilitating hassle-free financial transactions.
$831K
38/100
6th
Logo for CareCover
CareCover
2015, Noida (India), Deadpooled
Credit card for healthcare expenses
-
-
35/100
7th
Logo for Third Unicorn
Third Unicorn
2022, Delhi (India), Seed
Developer of a fantasy sports platform and a loan service
$4.81M
34/100
8th
Logo for Zenifi
Zenifi
2023, Bengaluru (India), Acqui-Hired
Provider of multiple payment option for healthcare
-
-
34/100
9th
Logo for Index Advisory
Index Advisory
2009, Mumbai (India), Funding Raised
Platform offering financial solutions
-
-
31/100
10th
Logo for ZeroPe
ZeroPe
2022, Delhi (India), Unfunded
Tech‑enabled fintech platform for medical payment solutions with flexible repayment and EMI options
-
-
29/100
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GMoney's Latest cap tables and shareholding

Founders own 23.47%, Funds (largest shareholder) own 63.47%, Other People own 9.16% and ESOP Pool own 3.90%. The net worth of GMoney's founders is INR 94.6Cr as of Jan 28, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.47%
94.6Cr
2900430
7363338
5033500
9799125
9001199
1842106
5263102
6482357
1280387
7322760
Fund
63.47%
256Cr
3926835
2161801
4833001
2354124
3885934
6685607
3307778
2526333
8465184
6610295
Other People
9.16%
36.9Cr
4738719
7114943
8984912
5023755
ESOP Pool
3.90%
15.7Cr
798
427
469
451
Total
100.00%
403Cr
5748970
8427981
7247139
6838100
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of GMoney's Shareholding

GMoney's Investments and acquisitions

GMoney has not made any acquisitions yet. GMoney has made 5 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 09, 2024
Investments
2022
Los Angeles (United States)
Feb 15, 2024
Investments
2021
Boston (United States)
Nov 30, 2022
Investments
2022
New York City (United States)
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Reports related to GMoney

Here is the latest report on GMoney's sector:

News related to GMoney

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Metastrial, attracting $ 25 million in investmentVenture Square•Mar 28, 2024•MetaStreet, GMoney, MrBlock, DCF GOD and 3 others
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