Ashneer Grover co-founder of BharatPe is going to enter into fintech again. He will be launching the ZeroPe app for instant pre-approval of medical loans up to Rs. 5 lakhs. We will share details about the BharatPe co-founder’s new project below. Ashneer Grover is getting prominence after his appearance in The Shark Tank season 1. He is widely known as the co-founder of BharatPe. Let us dive deep into more details about Ashneer Grover’s ZeroPe app below.
Ashneer Grover Will Be Working On The ZeroPe App From Now
Ashneer Grover will be working on the ZeroPe app as his second fintech app. The app is in the developing phase. It will provide medical loans on a pre-approved basis. Thus, the app is founded in collaboration by Ashneer Grover with NBFC Mukut Finvest. It is running under the Third Unicorn. It is a company by Ashneer Grover that runs a famous gaming platform CrickPe.
It is similar to other online gaming platforms like Dreams11. Ashneer’s journey towards Third Unicorn started after his exit from BharatPe as an MD. He left the company and started working on another idea. The company started with seed funding of $3.5 million from the ZNL Growth Fund.
Thus, the company created the app known as ZeroPe for all those in emergency need of medical funds. It can be beneficial to many. However, it will work only in the hospitals that have a tie-up with ZeroPe. Other hospitals will not have the services applicable. Thus, pre-approval loans for medical needs will be provided.
As per the need, the market is increasing and has a high potential. The digital healthcare market alone can generate $37 billion. Apart from that, the financing segment of digital healthcare can reach $5 billion. Ashneer Grover, his wife, Madhuri Jain, and Aseem Gharvi, all are working on the app ZeroPe.
To conclude, entrepreneur Ashneer Grover is working on the ZeroPe app. There will be instant pre-approved medical loans for the patients. ZeroPe will have more and more downloads in the coming year based on its increased need. The company has a long-term vision in the digital medical assistance field. The app will be completely ready to use soon. It is still in development mode at the moment.
The final product will soon become available to the public. However, the only issue with the app will be that it will be available only at selected hospitals that collaborated with ZeroPe. Stay tuned for more information.
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