News: HealthAssure secures Rs 50 crore in Pre-Series B funding

Funding & Investment

HealthAssure secures Rs 50 crore in Pre-Series B funding

With the latest funding, HealthAssure has raised Rs 72 crore so far, through its previous funding rounds and more recently also acquired fitness start-up FitMeIn.
HealthAssure secures Rs 50 crore in Pre-Series B funding

Health tech company HealthAssure has raised Rs 50 crore in the Pre-Series B funding round led by the Rajiv Dadlani Group. The investors who attended the round included Blume Ventures, Leo Capital, reputed Family Offices and High Networth Individuals.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said “Varun [Founder] and the HealthAssure team, have a strong pedigree and rich experience and has built a strong foundation, they are well poised to be a leading brand in the Healthtech and Insuretech industry. We are very excited to partner as long-term investors, and support them in their journey.”

The start-up will utilise these funds to enhance its product, strengthen distribution, sharpen its OPD insurance network, and invest in futuristic primary healthcare technology.

Varun Gera, Founder & CEO said, “Raising our largest round yet in such difficult market conditions, displays our existing and new investors' confidence in our unique business model and the potential of the large healthcare market ripe for disruption. This motivates us to build further on our assets, capitalise on the opportunity and solidify our leadership position in the market. We would like to thank our newest backers and Blume for being part of our fulfilling startup journey.”

Since 2011, the company has serviced more than 3 Million customers and counts GE, Deloitte, Deutsche Bank, Pearsons as clients.

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Topics: Funding & Investment

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