Sahil Lakshmanan joins CarePal Money as chief business officer

He has worked at TruCap, BankBazaar, and BNP Paribas.

Sahil joins CarePal Money from Qube Health, an early-stage healthcare finance startup where he served as president - Credit Products. He has also worked at organisations such as TruCap, BankBazaar and BNP Paribas.

Sahil has experience leading digital initiatives, partnerships, and business execution in the financial services space and also has a deep understanding of the Fintech ecosystem in India.

Sahil holds an MBA in finance from HEC Paris, further bolstering his comprehensive understanding of financial markets and lending practices. His strategic vision and deep industry insights make him an invaluable addition to the CarePal Money team.

“We are thrilled to welcome Sahil Lakshmanan to CarePal Money as the chief business officer," said Piyush Jain, co-founder and CEO of CarePal Group. “India has a major healthcare financing problem due to high out-of-pocket expenses resulting in a $72bn annual gap. Due to high OOPE, people are forced to take secured or unsecured loans at exorbitantly high-interest rates. Sahil’s impressive track record and strategic mindset will help us in providing innovative lending and credit solutions to our customers."

Khushboo Jain, co-founder and COO of CarePal Group highlighted Sahil's role in advancing CarePal Money’s vision, stating, “Sahil will play an instrumental role in taking forward CarePal Money’s vision of providing affordable healthcare loans in collaboration with leading lending institutions across the country. His expertise will further help us shape our business development and growth strategies. We also look forward to onboarding multiple hospital partners on various lending arrangements to benefit the patients.”

“I am honoured and excited to join CarePal Money on its mission to make quality healthcare accessible to all. We're committed to innovating and revolutionising healthcare financing, ensuring everyone can prioritise their well-being without financial barriers," said Sahil Lakshmanan. "I look forward to leveraging my experience to drive innovation, and growth, and create lasting value for our customers."

CarePal Money's strategic partnership with Apollo Hospitals Group aims to revolutionise healthcare financing, offering patients from Apollo Hospitals pan India, access to loans at 0% EMI for up to 18 months.