BharatPe co-founder and former managing director Ashneer Grover is all sent to make a comeback with the fintech app. The new venture ZeroPe, is an app designed for medical loans.According to the official website, ZeroPe will provide an instant medical loan with a limit of up to Rs 5 lakh to cover medical expenses. The app has been made in collaboration with Delhi-based Non-Banking Financial Company (NBFC) Mukut Finvest. The service is exclusively available at partnered hospitals, as mentioned on the ZeroPe app website.ZeroPe which has been developed by Third Unicorn is currently in the testing phase. Grover launched Third Unicorn in 2023 along with his wife Madhuri Jain Grover and Chandigarh-based entrepreneur Aseem Ghavri. Before this, Grover also launched a fantasy gaming platform, called CrickPe.How will ZeroPe worksInstall ZeroPe and complete the KYC and get an instant pre-approved loan. Select the network of partner hospitals that suits your needs. Enter the loan amount and choose a repayment plan.Healthcare market in IndiaIndia has huge potential to grow across various sectors. According to the reports, the global size of the sector is USD 10 trillion. In which, Indian healthcare sector accounts for about $372 billion which is grown at the compounded rate (CAGR) of 22% and is expected to reach over USD 610 billion by 2026.
