About ManipalCigna Health Insurance
ManipalCigna Health Insurance is a company based in Mumbai (India) founded in 2012 was acquired by Manipal Group in June 2019.. ManipalCigna Health Insurance offers products and services including Sarvah, ProHealth Prime, Lifetime Health, ProHealth Select, and Accident Shield. ManipalCigna Health Insurance operates in a competitive market with competitors including Basis, AyushPay, Vital, Volo Health and Insur Monthly, among others.
- Headquarter Mumbai, India
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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 Manipalcigna Health Insurance Company Limited
- Date of Incorporation 12 Mar, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$0 (USD)0as on Mar 31, 2023
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EBITDA
$0 (USD)0as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Manipal Group
(Jun 05, 2019)
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Products & Services of ManipalCigna Health Insurance
ManipalCigna Health Insurance offers a comprehensive portfolio of products and services, including Sarvah, ProHealth Prime, Lifetime Health, ProHealth Select, and Accident Shield. 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.
Comprehensive plan offering essential shield and infinite coverage.
Flexible plan with better coverage and control for individuals.
Long-term plan providing lifelong health protection.
Customizable plan for personalized health needs.
Protection against accidents and related expenses.
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Funding Insights of ManipalCigna Health Insurance
| 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 |
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Investors in ManipalCigna Health Insurance
ManipalCigna Health Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Manipal Group. 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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Education, healthcare, insurance, and research services are provided globally.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ManipalCigna 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ManipalCigna Health Insurance
| 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 |
Manipalcigna Health Insurance Comparisons
Competitors of ManipalCigna Health Insurance
ManipalCigna 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 Basis, AyushPay, Vital, Volo Health and Insur Monthly, 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 |
Online platform offering financial services for women
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Healthcare plans with medical loans and benefits are provided.
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Usage-based health insurance is offered to individuals and businesses.
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Simplifies access to healthcare services and payment processes.
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Subscription-based healthcare platform for medical reimbursements and check-ups is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Manipalcigna Health Insurance
Frequently Asked Questions about ManipalCigna Health Insurance
When was ManipalCigna Health Insurance founded?
ManipalCigna Health Insurance was founded in 2012.
Where is ManipalCigna Health Insurance located?
ManipalCigna Health Insurance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of ManipalCigna Health Insurance?
Prasun Kumar Sikdar is the current CEO of ManipalCigna Health Insurance.
What does ManipalCigna Health Insurance do?
Founded in 2012 and based in Mumbai, India, the company operates in the health insurance sector. An online platform is offered for tailored policies based on individual health requirements. Policy renewals and claims are facilitated digitally. Specific products include ProHealth Select for essential health coverage, ProHealth Cash for critical illness protection, and Lifestyle Protection for accident-related care.
Who are the top competitors of ManipalCigna Health Insurance?
What products or services does ManipalCigna Health Insurance offer?
ManipalCigna Health Insurance offers Sarvah, ProHealth Prime, Lifetime Health, ProHealth Select, and Accident Shield.
Who are ManipalCigna Health Insurance's investors?
ManipalCigna Health Insurance has 1 investor. Key investors include Manipal Group.
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