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