Gaurav Luthra (SaveIN)
Overview
Gaurav Luthra is a prominent figure in the fintech industry, recognized primarily as a co-founder of SaveIN, a fintech startup based in India that focuses on providing accessible and affordable healthcare financing solutions. Since its inception in 2020, SaveIN has garnered attention for its innovative "Care Now, Pay Later" model, allowing patients to convert healthcare expenses into interest-free equated monthly installments (EMIs). Gaurav Luthra plays a pivotal role as the Chief Growth Officer, where his efforts in strategic partnerships and market expansion have been instrumental in the company's development.
Recent Developments
In the last two years, SaveIN has made significant strides under the leadership of Gaurav Luthra:
- April 2025: SaveIN raised $4.3 million in a new funding round, as reported by Inc42. This fresh capital will be used to scale up their no-cost EMI offerings for healthcare and to expand their B2B wellness platform, welUp.
- September 2024: SaveIN announced plans to raise $20 million to further expand their operations and partnership network to 15,000 partners by 2025.
- 2023: The company increased its focus on expanding partnerships, an effort that resulted in a five-fold growth in their network, cooperating with over 5,000 healthcare practices across India to facilitate their innovative payment solutions.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Gaurav Luthra |
| Born | - |
| Nationality | Indian |
| Occupation | Co-founder & Chief Growth Officer at SaveIN |
| Known For | Co-founding SaveIN and pioneering healthcare financing solutions |
| Net Worth | Not publicly disclosed |
| Education | PGDM in Marketing from Indian Institute of Foreign Trade; B.E. in Computer Science from The NorthCap University |
Early Life and Education
Gaurav Luthra grew up in India, where his early education laid the groundwork for a robust career in business and entrepreneurship. He completed his Bachelor of Engineering in Computer Science at The NorthCap University. His thirst for learning led him to pursue a Post Graduate Diploma in Management with a specialization in Marketing from the prestigious Indian Institute of Foreign Trade. This education equipped him with the acumen to navigate the complexities of the business world.
Career and Notable Achievements
- Co-founder of SaveIN (2020-Present): Alongside Jitin Bhasin and Anurag Varma, Luthra launched SaveIN, aiming to revolutionize healthcare financing in India. The firm offers no-cost monthly installment plans for medical expenses in a sector underrepresented by insurance.
- Founder, What's Up Life (2013-2016): Before SaveIN, Luthra founded What's Up Life, a platform designed to enhance local brand engagement.
- Assistant Marketing Manager at Idea Cellular Ltd. (2008-2009): Luthra gained valuable experience in marketing and consumer engagement.
- Economic Contributions: Through strategic planning and business model innovation, Luthra has driven SaveIN to raise substantial seed funding, highlighting his capacity for growth and scale in competitive markets.
Current Work and Impact
Currently, as the Chief Growth Officer at SaveIN, Gaurav Luthra focuses on expanding the company’s footprint within the healthcare industry, leveraging partnerships across various service sectors like dental, dermatology, and fitness. His strategic direction in integrating fintech solutions with healthcare needs has positioned SaveIN as a crucial player in mitigating out-of-pocket medical expenses for individuals across India. The company's unique approach aids in increasing healthcare access to those who might be underserved by traditional financial services.
Conclusion
Gaurav Luthra's entrepreneurial journey and foresight in the fintech space, particularly in healthcare, underscores his influence in shaping financial inclusivity in India. As SaveIN continues to expand, leveraging technology to make healthcare more affordable, Luthra's strategic guidance will likely contribute significantly to both the industry and societal changes in healthcare financing.