Jitin Bhasin (SaveIN)
Overview
Jitin Bhasin is a prominent entrepreneur in the fintech and healthcare sectors, notably recognized as the Founder and CEO of SaveIN, a healthcare-fintech startup. Launched with significant backing from Y Combinator, SaveIN aims to revolutionize healthcare accessibility in India through innovative financial solutions like zero-cost EMIs and embedded finance. SaveIN serves as a digital marketplace facilitating healthcare transactions on credit, addressing the affordability gaps in outpatient healthcare services, which are typically not covered by traditional insurance.
Recent Developments
As of April 2025, Jitin Bhasin's SaveIN has continued to make significant strides:
- April 2025: SaveIN raised INR 37 crore (approximately $4.5 million) in a funding round led by existing investors and Stem AI. This round follows a prior seed round of INR 64 crore, bringing total funding to over INR 100 crore.
- Early 2025: SaveIN launched 'welUp', an enterprise wellness platform under their banner, expanding into the corporate wellness space. This platform offers services such as on-demand consultations and AI-driven wellness plans to participating companies and their employees.
- 2024-2025: The company has reported a 250% revenue growth, leveraging their network of over 7,000 healthcare providers and their proprietary QR-code-based payment solutions to streamline healthcare financing for Indian consumers.
- Late 2024: SaveIN expanded its fintech solutions, particularly focusing on "Care now, Pay later" models, targeting a broader demographic with innovative credit solutions tailored for healthcare expenses like dental and dermatology treatments.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Jitin Bhasin |
| Born | Not specified |
| Nationality | Indian |
| Occupation | Entrepreneur, CEO |
| Known For | Founder & CEO of SaveIN |
| Net Worth | Not publicly specified |
| Education | MBA from Indian Institute of Foreign Trade, Y Combinator W22 |
Early Life and Education
Jitin Bhasin embarked on his professional journey following his graduation from the Indian Institute of Foreign Trade (IIFT) with an MBA in Finance and Marketing. Known for his strategic acumen, Jitin has built a career defined by a keen understanding of the fintech and healthcare landscapes. Before founding SaveIN, he held managerial roles in several notable financial institutions, which helped him gain industry insights that he later leveraged in his entrepreneurial pursuits.
Career and Notable Achievements
Jitin Bhasin's career trajectory spans over a decade, with critical roles in banking and fintech:
- Digital Finance International and FincFriends (2017-2020): He served as the Country Manager for India, playing a pivotal role in setting up operations and establishing a footprint for these ventures in India's digital lending landscape.
- RupeeRedee (Managing Director): Prior to launching SaveIN, Jitin was instrumental in the growth of RupeeRedee, a significant player in digital lending in India.
- SaveIN (2020-Present): As the CEO, he led SaveIN through its initial setup and growth phases, transforming the company into a leading health-fintech firm with innovative solutions such as zero-cost EMIs and a wide-reaching healthcare provider network.
- Awards: Economic Times Young Leader (2014), recognizing his leadership and influence in India’s fintech revolution.
Current Work and Impact
As of 2025, Jitin Bhasin remains at the forefront of healthcare finance innovation with SaveIN, focusing on democratizing access to quality healthcare through financial innovation. His impact is significant in bridging the affordability gap in healthcare by offering accessible and transparent financial solutions, thereby enhancing healthcare outcomes for a broad spectrum of Indian society.
Conclusion
Jitin Bhasin's leadership in fintech and healthcare finance exemplifies a blend of innovative thinking and strategic execution, positioning SaveIN as a pivotal player in the sector. His work has not only addressed critical gaps in healthcare financing but has also set a benchmark for integrating technology with financial services to enhance societal welfare. Moving forward, Bhasin’s initiatives continue to promise significant contributions to making healthcare accessible and affordable, thereby influencing broader economic and social dimensions.