Healthysure

Mumbai, India Founded: 2021 • Age: 5 yrs
Employee health insurance benefits are delivered via an online platform.

About Healthysure

Healthysure is a company based in Mumbai (India) founded in 2021 by Anuj Parekh and Sanil Basutkar.. Healthysure has raised $3.05 million across 6 funding rounds from investors including Grip Invest, Hem Securities and LetsVenture. Healthysure offers products and services including Group Health Insurance, Flexi Top Up Insurance, Healthysure App, and Technology Dashboard. Healthysure operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Konfío, among others.

  • Headquarter Mumbai, India
  • Founders Anuj Parekh, Sanil Basutkar
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Safetynet Insurance Service Private Limited
Operational Areas
Financial Services → Insurance & Risk Management
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.05 M (USD)

    in 6 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Jan 18, 2024

  • Investors
    Grip Invest

    & 121 more

  • Employee Count
    Employee Count
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Products & Services of Healthysure

Healthysure offers a comprehensive portfolio of products and services, including Group Health Insurance, Flexi Top Up Insurance, Healthysure App, and Technology Dashboard. 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.

Primary

Service for group health coverage and claims management

Optional plan to enhance health coverage limits

App for claims tracking and policy access

Platform to manage policy benefits and claims

People of Healthysure
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Shiphrah Furtado
Sr. Key Account Manager
People
Sanil Basutkar
Co-Founder & Product Head
People
Anuj Parekh
Co-Founder & CEO
People
Akash Bharadwaj
Product Associate

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Funding Insights of Healthysure

Healthysure has successfully raised a total of $3.05M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in January 2024. 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 Rounds 6
  • Last Round Seed — $1.0M
  • First Round

    (13 May 2021)

  • Investors Count 122
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Seed - Healthysure Valuation Capital A
Nov, 2023 Amount Seed - Healthysure Valuation Capital A
May, 2022 Amount Seed - Healthysure Valuation LetsVenture
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 Healthysure

Healthysure has secured backing from 122 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Grip Invest, Hem Securities and LetsVenture. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funding is provided to Indian startups.
Founded Year Domain Location
Investments are made in early-stage tech startups across sectors.
Founded Year Domain Location
Investment in early-stage startups and global community support.
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 Healthysure

Investments
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 - Healthysure

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Healthysure Comparisons

Employees
+
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Competitors of Healthysure

Healthysure 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 Hinge Health, Practo, Accolade, Sharecare and Konfío, 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
Virtual physical therapy and digital pain care solutions are provided.
domain founded_year HQ Location
Doctor appointments are booked and healthcare professionals are consulted online.
domain founded_year HQ Location
Employee health benefits are facilitated via a cloud-based platform.
domain founded_year HQ Location
Health and wellness social network for employees is provided.
domain founded_year HQ Location
Financial solutions platform provider
domain founded_year HQ Location
Cloud-based employee benefits administration solutions are delivered.
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 Healthysure

Frequently Asked Questions about Healthysure

When was Healthysure founded?

Healthysure was founded in 2021.

Where is Healthysure located?

Healthysure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Healthysure?

Anuj Parekh is the current CEO of Healthysure. They have also founded this company.

Is Healthysure a funded company?

Healthysure is a funded company, having raised a total of $3.05M across 6 funding rounds to date.

What does Healthysure do?

Healthysure was founded in 2021 in Mumbai, India, as an online platform focused on employee health insurance. Coverage is extended to accidental severance, doctor teleconsultation, medicine orders, mental wellness, dental care, and hospitalization from disease or injury. Plans are adjustable for sum insured, coverage types, maternity, and pre-existing conditions. Benefits administration and claims management solutions are also facilitated in the health insurance sector.

Who are the top competitors of Healthysure?

Healthysure's top competitors include Accolade, Hinge Health and Wellhub.

What products or services does Healthysure offer?

Healthysure offers Group Health Insurance, Flexi Top Up Insurance, Healthysure App, and Technology Dashboard.

Who are Healthysure's investors?

Healthysure has 122 investors. Key investors include Grip Invest, Hem Securities, LetsVenture, We Founder Circle, and Beacon Trusteeship.

What is Healthysure's valuation?

The valuation of Healthysure is $5.43M as of May 2022.

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