NewsVoirMumbai (Maharashtra) [India], July 10: Piyush Jain, Co-Founder and CEO of CarePal Group and Impact Guru, has received the 2025 Alumni Innovation Award from the Harvard Kennedy School (HKS) Alumni Board at Harvard University. Piyush, who graduated from the 2013 Master's in Public Policy Program at HKS, was selected from a strong competition for his significant contributions to healthcare financing in India. Over the past ten years, Impact Guru, which was nurtured at the Harvard Innovation Labs, has already assisted more than 50,000 patients and involved 4.5 million donors worldwide, making Piyush a leader who has effectively applied technology-based innovation to create broad social impact by addressing complex issues in healthcare. The Award honors HKS alumni who exhibit outstanding leadership, ingenuity, and commitment to bringing about positive change for individuals and communities through technology. In addition to his work at Impact Guru, Piyush has also co-founded CarePal Money - a healthcare lending platform and CarePal Secure - a health protection and insurance marketplace. CarePal Money provides zero-interest healthcare loans in India and has already helped over 1,200 patients within 18 months to access non-critical treatments without financial burden by collaborating with healthcare providers and lending institutions. CarePal Secure offers innovative health benefits and insurance plans for more than 200,000 customers, addressing vital gaps for India's underinsured middle class and lower-income population. Piyush was recognized with the award on Friday, May 16, 2025, at the Harvard Kennedy School during the Forum as part of the alumni reunion weekend.
Piyush Jain, Co-founder and CEO of CarePal Group, stated, "I am deeply honored to have received the Alumni Innovation Award from Harvard Kennedy School. This recognition is particularly meaningful to me because ImpactGuru (and CarePal) was initially conceived during my time as a student as part of a PAE (Policy Analysis Exercise) project and was nurtured at the Harvard Innovation Lab. What started as an academic endeavor has evolved into a real-world mission - to make healthcare more affordable and accessible for millions of families in India and beyond. I sincerely appreciate the faculty, classmates, and the HKS and Harvard community that supported bold ideas and purpose-driven entrepreneurship. I feel privileged to share this remarkable honor with my co-founders, committed team members, supportive investors, empathetic hospital partners and doctors, courageous patients and their families, generous donors, and all our insurance and lending partners who have consistently believed in our mission. We are dedicated to working diligently on our mission to ensure that no one dies due to a lack of funds for healthcare in India and to positively support the healthcare financing needs of over 1 million customers by 2030." Other award recipients at Harvard this year included Natalia Gavrilita, former Prime Minister of Moldova, who received the Alumni Public Service Award. At the same time, Sebastian Burduja, Romania's Minister of Energy, was awarded the Emerging Global Leader Award. Carol Finney, Director of Harvard University's MPA/ID Program, received the Julius E. Babbitt Memorial Volunteer Award, and Lisa B. Sloane was recognized with the HKS Fund Outstanding Alumni Award. CarePal is an integratedhealthcare financeA system that integrates a medical lending marketplace (CarePal Money), insurance and protection services (CarePal Secure), and a crowdfunding platform (Impact Guru) for healthcare funding. Our goal is to ensure that essential and elective treatments are accessible and affordable for all households in India. (ADVERTORIAL DISCLAIMER: The following press release has been provided byNewsVoir. ANI will not be held responsible in any manner for the content thereof)