About HealthAssure
HealthAssure is a Healthcare company based in Mumbai (India) founded in 2011 by Varun Gera. Provider of healthcare plans offering access to doctors and diagnostic centers. HealthAssure has raised $11.55 million across 6 funding rounds from investors including Allana, ACG Group and Vauban. The company has 202 employees. HealthAssure has completed 1 acquisition, including FitMeIn. HealthAssure was last valued at $22.75 million in August 2022. Its chief executive, as recorded, is Varun Gera. Its website healthassure.in draws about 30 thousand monthly visits. Its Indian entity Healthassure Private Limited reported revenue of ₹96.84 Cr. HealthAssure offers products and services including FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0. Its focus areas include HealthTech, Healthcare Booking Platforms, Diversified and Appointment Booking. Its competitors include HexaHealth, Together For Her and G1Health; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 202
- Founders Varun Gera
- Stage Minicorn
- SectorsHealthcare
- Website category Finance · Insurance
- Email••••••••
- Website healthassure.in
- Social LinkedIn X
- Legal Name Healthassure Private Limited
- Date of Incorporation 14 Oct, 2011
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of HealthAssure
HealthAssure operates through Healthassure Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Healthassure Private Limited CIN U85100MH2011PTC223007 | Active | 14 Oct 2011 | Mumbai, Maharashtra | ₹96.8 Cr | 202 | 3 | View details |
Products & Services of HealthAssure
HealthAssure offers a comprehensive portfolio of products and services, including FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0.
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.
Apps and channels of HealthAssure
HealthAssure publishes 1 mobile app.
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 $11.55M
- Total Rounds 6
- Last Round Series A — $6.28M
- First Round $209,239
(Feb 2015)
- Investors Count 38
All 6 funding rounds of HealthAssure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $6.28M | Series A | $22.75M | Rajiv Dadlani Group, Blue Ashva Capital | |
| Apr 2020 | $1.05M | Series A | $16.69M | Blume Ventures | |
| Jun 2019 | $2.5M | Series A | $••••• | Blume Ventures | – |
| Feb 2018 | $1M | Seed | $••••• | The HR Fund | – |
| Jun 2015 | $510,630 | Seed | $••••• | Dw Venture | |
| Feb 2015 | $209,239 | Angel Round | $••••• | Atul Wadhwa, Shuchin Bajaj |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $22.75M | •••••••• |
| Apr 2020 | $16.69M | •••••••• |
| Jun 2019 | $••••• | •••••••• |
| Feb 2018 | $••••• | •••••••• |
| Jun 2015 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
Full valuation and stage history of HealthAssure
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $22.75M (Aug 2022). 38 investors in total: 21 institutional and 17 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Series A investments are managed by this venture capital firm. | ||||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital fund investing in early stage, technology-centric opportunities | 2017 | leo.capital | Delhi, India | |
Investment and incubation services in innovative and sustainable sectors. | 2019 | blueashvacapital.com | Singapore, Singapore | |
Venture capital firm focused on multiple sectors | ||||
Early-stage investments are targeted by the venture capital firm. | potential.ventures | London, United Kingdom | ||
Venture capital firm investing in tech-startups | potentialventures.in | Mumbai, India | ||
Venture capital support for technology startups in workforce and productivity innovation. | 2012 | thehrfund.com | Gurugram, India | |
Sage Hill Capital operates as a professional asset management firm specializing in investment portfolios. | 2011 | sagehillcapital.com | Ann Arbor, United States | |
A portfolio management platform for private market investments is offered. | 2017 | vauban.io | London, United Kingdom |
Investor details for HealthAssure
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Healthassure Private Limited (HealthAssure)
Healthassure Private Limited is the primary company behind HealthAssure. The board of Healthassure Private Limited currently have 3 directors; the longest-serving is Devika Sehgal, appointed in 2011. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devika Sehgal DIN 03055597 | Director | 14 Oct 2011 | 15 yrs | Healthassure Private Limited |
| Varun Gera DIN 01646494 | Whole-time director | 14 Oct 2011 | 15 yrs | Healthassure Private Limited |
| Varun Talwar DIN 00207641 | Nominee Director | 26 Nov 2025 | 11 mo | Healthassure Private Limited |
People of HealthAssure
33 people are tracked at HealthAssure (19 in leadership, 14 in team); the tracked headcount is 202.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Mihir Shah | Chief Risk Officer | Leadership |
Ankit Vaid | Deputy Vice President | Leadership |
Shweta Agnihotri | Vice President Operations | Leadership |
Vedant Srievasthava | Chief Retail Officer | Leadership |
Kartik Vyas | Deputy Vice President | Leadership |
M Krishnan | Managing Director | Leadership |
Amit Arora | Chief Distribution Officer - Banks, Brokers & Corporates | Leadership |
Kartikesh Paliwal | Vice President & Head - Underwriting | Leadership |
Pramod Gupta | Chief Financial Officer | Leadership |
Satish Prabhu | Vice President & Head - Operations | Leadership |
Sudipta Chatterjee | Head Distribution - Nbfc, Hfc, Fintech | Leadership |
Ashish Sinha | Head Distribution - Banks, Brokers & Corporates | Leadership |
Sujit Pillai | Vice President & Head - Information Technology | Leadership |
Delly D'souza | Co-founder And Chief Network & Operations Officer | Leadership |
Hitesh Aggarwal | Zonal Business Head North / East And Central India | Leadership |
Mugdha K Mhadeshwar | Chief Financial Officer | Leadership |
Mahima Dikshit | Associate Vice President- Banks, Brokers And Corporates | Leadership |
Ashish Kumar Sinha | Business Head - Corporates & Insurance Business | Leadership |
Pankaj Pandey | IT Project Manager | Team |
13 more people are available in the full profile.
Complete people profiles for HealthAssure
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of HealthAssure
Figures of Healthassure Private Limited, the primary company behind HealthAssure, for FY 2025. Revenue was ₹96.84 Cr (+9% year on year). Net profit was ₹20.95 Cr (22% margin). EBITDA was ₹22.08 Cr (23% margin). Revenue has grown at a compounded annual rate of +19% over three years and +14% over five years.
- ₹96.84 CrRevenue · FY 2025 · +9% YoY
- ₹20.95 CrNet profit · 22% margin
- ₹22.08 CrEBITDA · 23% margin
- ₹8.28 CrPaid-up capital
- 202Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Healthassure Private Limited are on its company page.
Detailed financial statements for HealthAssure
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by HealthAssure
HealthAssure has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FitMeIn.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Subscription-based access to partnering gyms and fitness centers is provided. | fitmein.in | Delhi, India | 2015 | May 2020 | •••• |
Complete acquisition details for HealthAssure
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of HealthAssure
5 dated milestones of HealthAssure across 11 years, from founding to its latest funding, stage changes and deals.
- Founded HealthAssure is founded.
- Funding First funding round of $209K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires FitMeIn.
- Funding Latest funding round, Series A, of $6.3M.
Competitors of HealthAssure
HealthAssure has 3 listed competitors in our database, 2 of them funded. They include HexaHealth, Together For Her and G1Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hexahealth.com | 2021 | Gurugram, India | $25.58M | 259 | Healthcare facilities are listed online for patient access and assistance. | |
| togetherforher.com | 2017 | Pune, India | Offers pregnancy information, care, and support for expectant mothers via app. | |||
| g1.health | 2013 | Hyderabad, India | $416,036 | 5 | Online platform offering emergency health care solutions |
Detailed competitors of HealthAssure
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of HealthAssure
The website of HealthAssure (healthassure.in) receives about 29.7K visits a month and ranks #995,430 among all websites worldwide, #4,186 in Insurance.
- Monthly visits29.7K
▲ 0.5% vs previous month
- Unique visitors16.1K
per month
- Global rank#995,430
among all websites
- Category rank#4,186
Finance · Insurance
- Bounce rate47%
- Pages per visit1.8
- Average visit30 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with HealthAssure. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| even.in | 100% | 72.6K | #388,376 | View details | |
| sc.com | 52% | 5.4M | #8,740 | View details | |
| instafinancials.com | 52% | 366.5K | #142,163 | View details | |
| google.com | 26% | 85.8B | #1 | View details |
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as HealthAssure (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 89.83 M | 4,231 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | USD 132.33 M | 1,344 |
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Related news about Healthassure
Complete news archive for HealthAssure
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Frequently Asked Questions about HealthAssure
HealthAssure was founded in 2011 and raised its 1st funding round 4 years after it was founded.
HealthAssure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Varun Gera is the CEO of HealthAssure, as recorded in our data. They have also founded this 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 Angel Round of $209.24K, raised on Feb 2015.
HealthAssure has 202 employees.
The primary company behind HealthAssure, Healthassure Private Limited, reported revenue of ₹96.84 Cr for FY 2025, up 9% year on year.
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.
HealthAssure's top competitors include HexaHealth, G1Health and Together For Her.
HealthAssure offers FitAssure, OptimaAssure, TotalAssure, and Heppy Platinum Ultima 2.0.
HealthAssure has made 1 acquisition, including FitMeIn.
HealthAssure has 38 investors. Key investors include Allana, ACG Group, Vauban, Leo Capital, and Keynote India.
The valuation of HealthAssure is $22.75M as of Aug 2022.