your password has been reset successfully, Please login again.

HealthAssure Receives INR17.15 Crore Blume Ventures 

The company will use the funds to boost its data capabilities by leveraging artificial intelligence and machine learning tools and create new products, Health Assure said in its statement.
BY BEx Bureau
BusinessEx
Jul 10, 2019

HealthAssure Pvt. Ltd proclaimed that the company has raised INR 17.15 crore from early-stage VC, Blume Ventures in Series A round, according to a media report.

The company will use the funds to boost its data capabilities by leveraging artificial intelligence and machine learning tools and create new products, Health Assure said in its statement, as reported by daily news, VC Circle.

HealthAsuure was initiated in 2011 by Varun Gera. Currently, the company has partnered with clinics, laboratories, doctors, hospitals and insurance firms to provide healthcare plans for corporate personnel. It proclaims to have a nexus of over 4,000 primary care centres in 1,000 cities.

In pre-Series A funding round, the startup has received an investment of $1 million from PE firm, The HR Fund. Earlier on, it has raised money from investors, which are counted as serial entrepreneurs, namely Rajul Garg.

Prior to establishing HealthAssure, Varun Gera served as CEO of UnitedHealthcare India. Furthermore, he worked in ICICI Bank and GE Money.

In the last few months, health-industry has become an important topic owing to massive deals made in it









Please add your Comment
SIMILAR News
September 21, 2019
It is the recent investment by Tiger Global as the company is infusing money after a halt of three y ...More
By Jaspreet Kaur
September 21, 2019
The home decor company will utilize the money to expand its business across the globe. ...More
By Jaspreet Kaur
September 20, 2019
With the tech-concentrated fund, Advent is joining a cohort of other tech-focused investors. ...More
By Jaspreet Kaur
September 20, 2019
With this investment, Tiger Global Management has entered into quick-service restaurant industry. ...More
By Jaspreet Kaur
September 19, 2019
Laurus Labs will pay INR 75,500 for acquiring the Africa-based pharmacare, which is subjected to con ...More
By Jaspreet Kaur
September 19, 2019
GigIndia has recently gathered funds from a cohort of tech veterans, comprising former CEO of Tata C ...More
By Jaspreet Kaur
September 18, 2019
With this acquisition, Havas Group, advertising and PR company, makes its second bet in India. ...More
By Jaspreet Kaur
September 18, 2019
With this deal, the count of fundraising in Indian eye-care industry has raised to five. ...More
By Jaspreet Kaur
September 17, 2019
DotPe receives funding from two investors- Fosun International and PayU. ...More
By Jaspreet Kaur
September 17, 2019
The lender decides to employ the amassed capital for expanding its lending portfolio. ...More
By Jaspreet Kaur
September 16, 2019
Food company, Kaarya Naturals Pvt. Ltd. has amassed an undisclosed sum of money from investment comp ...More
By Jaspreet Kaur
September 16, 2019
Healthcare startup company, PlusPin Healthcare has amassed INR 5.25 crore in its seed funding round ...More
By Jaspreet Kaur