In an extended seed round, Entitled Solutions, a platform dedicated to providing health and financial services to urban low-income workers, has successfully raised Rs 4 crore from SIS Ltd, Facility Management, and Cash Logistics. The funding will be allocated towards product development and scaling platform partnerships, with the goal of reaching over 2 million workers in the coming months.
Founded by Anshul Khurana, Entitled operates on a B2B2C model, collaborating with employers and gig service platforms to offer services to associated workers. With a focus on the new-age gig economy, the platform has already facilitated affordable financial and health access for more than 700,000 low-income workers.
Entitled Solutions engages in partnerships with employers to provide various benefits, including access to emergency funds, healthcare discounts, savings programs, and counseling services. This funding adds to previous rounds from notable entities like HDFC Capital, LetsVenture, Sotheby’s, and angel investors such as Nipun Sahni, Partner at Apollo Global Management.
That’s amazing news about Entitled Solutions securing Rs 4 crore in extended seed funding! It’s great to see platforms like Entitled Solutions working towards providing health and financial services to urban low-income workers. With this funding, they can further develop their products and scale their partnerships, reaching even more workers in need. It’s wonderful to see the positive impact they’re making in the gig economy!
~ Dr Shishir said Gupta founder & CEO of StartupLanes
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