India, June 11 -- QubeHealth-Pay, the healthcare payments processing company, has closed its Series-A funding round at a valuation of Rs 416 crore, backed by a clutch of deep-tech, fintech, and impact-focused family office funds that see healthcare as fintech's next defining category. Unicorn India Ventures, IA Growth Opportunities Fund, Brew Opportunities Fund, Finvolve Ventures, FirstPort Capital, Maithan Family Office, and others participated in the round.

When QubeHealth-Pay last announced its funding, in late 2024, it had indicated it would raise its Series A at a valuation of around Rs 270 crore. The strength of investor demand for vertical fintech - in a market as ripe for disruption as Indian healthcare - saw the round close at a...