About Care Health Insurance
Care Health Insurance is a company based in Gurugram (India) founded in 2012 was acquired by True North in April 2017.. Care Health Insurance has raised $79.53 million across 2 funding rounds from investors including Hg, LKP and Faering Capital. The company has 14,959 employees as of December 05, 2024. Care Health Insurance operates in a competitive market with competitors including Star Health and Allied Insurance, Niva Bupa, SEB, Apollo Munich Health Insurance and Max Bupa, among others.
- Headquarter Gurugram, India
- Employees 14959 as on 05 Dec, 2024
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Care Health Insurance Limited
- Date of Incorporation 02 Apr, 2007
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$0 (USD)0as on Mar 31, 2023
-
Net Profit
$0 (USD)0as on Mar 31, 2023
-
EBITDA
$0 (USD)0as on Mar 31, 2023
-
Total Equity Funding
$79.53 M (USD)
in 2 rounds
-
Latest Funding Round
$75.63 M (USD), Series B
Jun 03, 2020
-
Investors
Hg
& 7 more
-
Employee Count
14959
as on Dec 05, 2024
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Care Health Insurance
Care Health Insurance has successfully raised a total of $79.53M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $75.63 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $75.6M
-
First Round
First Round
(28 Jun 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series B - Care Health Insurance | Valuation | Trishikar Ventures | |
| Jun, 2019 | Amount | Series A - Care Health Insurance | Valuation | LKP |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Care Health Insurance
Care Health Insurance has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Hg, LKP and Faering Capital. 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 |
|---|---|---|---|---|
|
Multiple sectors are invested in by the private equity firm.
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on growth companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Care Health Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Care Health Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Care Health Insurance Comparisons
Competitors of Care Health Insurance
Care 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, SEB, Apollo Munich Health Insurance and Max Bupa, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health insurance plans are offered for individuals and families.
|
|
| domain | founded_year | HQ Location |
Multiple insurance services are provided via an online app platform.
|
|
| domain | founded_year | HQ Location |
Digital transformation and employee benefits solutions are provided by SEB.
|
|
| domain | founded_year | HQ Location |
Pure-play health insurance provider
|
|
| domain | founded_year | HQ Location |
Health insurance services are provided by Max Bupa in India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Care Health Insurance
Frequently Asked Questions about Care Health Insurance
When was Care Health Insurance founded?
Care Health Insurance was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Where is Care Health Insurance located?
Care Health Insurance is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Care Health Insurance?
Sachin Nath is the current CEO of Care Health Insurance.
Is Care Health Insurance a funded company?
Care Health Insurance is a funded company, having raised a total of $79.53M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.9M, raised on Jun 28, 2019.
How many employees does Care Health Insurance have?
As of Dec 05, 2024, the latest employee count at Care Health Insurance is 14,959.
What does Care Health Insurance do?
Provider of health and travel insurance plans. It offers various health insurance options, including individual, family, senior citizen, and specialized plans for conditions like diabetes and heart ailments. Travel insurance products cover international and domestic trips, encompassing medical emergencies, trip cancellations, and baggage loss. The company also provides corporate insurance solutions, such as group health and personal accident insurance. Claim processing and customer support services are integral parts of its operations.
Who are the top competitors of Care Health Insurance?
Care Health Insurance's top competitors include Star Health and Allied Insurance, Niva Bupa and Bridge Health.
Who are Care Health Insurance's investors?
Care Health Insurance has 8 investors. Key investors include Hg, LKP, Faering Capital, Trishikar Ventures, and Swarnim Multiventures.
What is Care Health Insurance's valuation?
The valuation of Care Health Insurance is $429.39M as of Jun 2020.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.