Prime Highlights
- HOLI and Gilada Finance have formed a joint venture to develop India’s first dedicated Wellness Finance ecosystem.
- The partnership will introduce specialised financing products aimed at improving healthcare affordability and supporting wellness-sector businesses.
Key Facts
- Gilada Finance & Investments Ltd is a BSE-listed and RBI-regulated non-banking financial company.
- India’s healthcare financing market is projected to grow from over USD 6.5 billion in 2024 to USD 10.4 billion by 2030.
Background
HARLEY of LONDON INDIA (HOLI) has entered into a strategic joint venture with Gilada Finance & Investments Ltd to create what the partners describe as India’s first dedicated Wellness Finance ecosystem. Backed by the Delamore & Owl Group, the initiative aims to improve access to healthcare and wellness services while connecting consumers, businesses and investors through a structured financial platform.
The partnership aims to introduce Wellness Finance as a new category in India, as many families still struggle with rising healthcare costs. Through the joint venture, Gilada Finance plans to offer financial products for people seeking healthcare services, wellness businesses and investors interested in the sector.
The venture plans to launch several funding programmes, including the HOLNESS CareCredit Fund for healthcare and wellness expenses, the HOLNESS SME Growth Fund for wellness-focused businesses, and a Convertible Debenture Programme to help companies raise capital and support investor participation.
The partners said the initiative could encourage greater use of preventive healthcare, support the growth of small and medium-sized wellness businesses, and create new jobs. This will also help make healthcare more affordable for families, as they will have options on how to pay for medical treatments.
According to industry estimates, the healthcare financing market in India was sitting at more than USD 6.5 billion during 2024, and it’s expected to grow up to USD 10.4 billion by 2030. However, out-of-pocket spending still accounts for a large share of healthcare expenses.
The venture also plans to explore opportunities in GCC countries, the UK and Singapore over the next two years. The partners said the initiative combines financial innovation with healthcare access, creating a framework that supports both social impact and long-term growth.
