About HealthAssure
HealthAssure is a company based in Mumbai (India) founded in 2011 by Varun Gera.. HealthAssure has raised $11.55 million across 6 funding rounds from investors including Allana, ACG Group and Vauban. The company has 202 employees as of April 06, 2024. HealthAssure has completed 1 acquisition, including FitMeIn. HealthAssure offers products and services including FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0. HealthAssure operates in a competitive market with competitors including HexaHealth, Together For Her, G1Health, EasyHeals Technologies and Kerala Hospitals, among others.
- Headquarter Mumbai, India
- Employees 202 as on 06 Apr, 2024
- Founders Varun Gera
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Healthassure Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.79 M (USD)0as on Mar 31, 2023
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Net Profit
$-5.21 M (USD)0as on Mar 31, 2023
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EBITDA
$-5.25 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$11.55 M (USD)
in 6 rounds
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Latest Funding Round
$6.28 M (USD), Series A
Aug 09, 2022
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Investors
Allana
& 37 more
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Employee Count
202
as on Apr 06, 2024
- Investments & Acquisitions
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Products & Services of HealthAssure
HealthAssure offers a comprehensive portfolio of products and services, including FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Subscription for doctor visits and basic hospitalization coverage.
Plan offering free GP visits and enhanced medical discounts.
Comprehensive subscription for hospitalization and lab test savings.
Individual plan with diagnostics wallet and unlimited consultations.
Unlock access to complete
Funding Insights of HealthAssure
HealthAssure has successfully raised a total of $11.55M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.28 million completed in August 2022. 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 6
- Last Round Series A — $6.3M
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First Round
First Round
(02 Feb 2015)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - HealthAssure | Valuation | Rajiv Dadlani Group , Blue Ashva Capital | |
| Apr, 2020 | Amount | Series A - HealthAssure | Valuation | Blume Ventures | |
| Jun, 2019 | Amount | Series A - HealthAssure | Valuation | Blume Ventures |
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| 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 |
Investors in HealthAssure
HealthAssure has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Allana, ACG Group and Vauban. 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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Series A investments are managed by this venture capital firm.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early stage, technology-centric opportunities
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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 HealthAssure
HealthAssure has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FitMeIn. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Subscription-based access to partnering gyms and fitness centers is provided.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HealthAssure
| 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 |
Healthassure Comparisons
Competitors of HealthAssure
HealthAssure 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 HexaHealth, Together For Her, G1Health, EasyHeals Technologies and Kerala Hospitals, 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 |
Healthcare facilities are listed online for patient access and assistance.
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| domain | founded_year | HQ Location |
Offers pregnancy information, care, and support for expectant mothers via app.
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| domain | founded_year | HQ Location |
Online platform offering emergency health care solutions
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| domain | founded_year | HQ Location |
Online marketplace of healthcare service providers offering healthcare services at affordable prices
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| domain | founded_year | HQ Location |
Online platform for listing and searching hospitals by specialty and location in Kerala.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Healthassure
Frequently Asked Questions about HealthAssure
When was HealthAssure founded?
HealthAssure was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is HealthAssure located?
HealthAssure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of HealthAssure?
Varun Gera is the current CEO of HealthAssure. They have also founded this company.
Is HealthAssure a funded company?
HealthAssure is a funded company, having raised a total of $11.55M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Feb 02, 2015.
How many employees does HealthAssure have?
As of Apr 06, 2024, the latest employee count at HealthAssure is 202.
What is the annual revenue of HealthAssure?
Annual revenue of HealthAssure is $13.79M as on Mar 31, 2023.
What does HealthAssure do?
HealthAssure was founded in 2011 in Mumbai, India, within the healthcare sector. Access to networks of primary care centers, doctors, and diagnostic facilities is facilitated through various plans designed for individuals and families. Consultations, diagnostics, and additional healthcare services are included in these offerings. Customer service support is available to assist users across operations in India.
Who are the top competitors of HealthAssure?
HealthAssure's top competitors include HexaHealth, G1Health and Together For Her.
What products or services does HealthAssure offer?
HealthAssure offers FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0.
How many acquisitions has HealthAssure made?
HealthAssure has made 1 acquisition, including FitMeIn.
Who are HealthAssure's investors?
HealthAssure has 38 investors. Key investors include Allana, ACG Group, Vauban, Leo Capital, and Keynote India.
What is HealthAssure's valuation?
The valuation of HealthAssure is $22.75M as of Aug 2022.