About Apollo Munich Health Insurance
Apollo Munich Health Insurance is a company based in Gurugram (India) founded in 2006 was acquired by HDFC ERGO in June 2019.. The company has 7 employees as of March 30, 2024. Apollo Munich Health Insurance operates in a competitive market with competitors including Star Health and Allied Insurance, Niva Bupa, Care Health Insurance, Max Bupa and Bridge Health, among others.
- Headquarter Gurugram, India
- Employees 7 as on 30 Mar, 2024
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Hdfc Ergo Health Insurance Limited
- Date of Incorporation 22 Nov, 2006
- Jurisdiction Mumbai, Maharashtra, India
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Funding Insights of Apollo Munich Health Insurance
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2016 | Amount | Series B - Apollo Munich Health Insurance | Valuation | Munich Re |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Apollo Munich Health Insurance
Apollo Munich Health Insurance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Munich Re and HDFC ERGO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Platform offering insurance risk management solutions
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Founded Year | Domain | Location | |
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General insurance services are provided across India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Apollo Munich Health Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Apollo Munich Health Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Apollo Munich Health Insurance Comparisons
Competitors of Apollo Munich Health Insurance
Apollo Munich Health Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Star Health and Allied Insurance, Niva Bupa, Care Health Insurance, Max Bupa and Bridge Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Health insurance plans are offered for individuals and families.
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| domain | founded_year | HQ Location |
Multiple insurance services are provided via an online app platform.
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| domain | founded_year | HQ Location |
Provider of health and travel insurance plans
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| domain | founded_year | HQ Location |
Health insurance services are provided by Max Bupa in India.
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| domain | founded_year | HQ Location |
Provider of comprehensive digital health and wellness services, including lab tests, radiology, and mental health support, for individuals and families
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| domain | founded_year | HQ Location |
Digital transformation and employee benefits solutions are provided by SEB.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Apollo Munich Health Insurance
Frequently Asked Questions about Apollo Munich Health Insurance
When was Apollo Munich Health Insurance founded?
Apollo Munich Health Insurance was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Where is Apollo Munich Health Insurance located?
Apollo Munich Health Insurance is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
How many employees does Apollo Munich Health Insurance have?
As of Mar 30, 2024, the latest employee count at Apollo Munich Health Insurance is 7.
What does Apollo Munich Health Insurance do?
Apollo Munich Health Insurance provides health insurance services in India. It is a joint venture between Apollo Hospitals Group - one of Asias largest healthcare providers and Munich Health. It offers insurance products in health, personal accident, and travel for individuals, families, and corporates. It provides cashless hospitalization facility across its network of 4,000 hospitals. It claims a policy renewal rate of 80. In 2014, the company was awarded Health Insurance Company of the Year in India.
Who are the top competitors of Apollo Munich Health Insurance?
Apollo Munich Health Insurance's top competitors include Star Health and Allied Insurance, Niva Bupa and Care Health Insurance.
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