Vipul Medcorp TPA

Gurugram, India Founded: 2004 • Age: 22 yrs Acquired By Vidal Healthcare
Third party administrator (TPA) of health insurance

About Vipul Medcorp TPA

Vipul Medcorp TPA is a company based in Gurugram (India) founded in 2004 by Vinit Beriwala was acquired by Vidal Healthcare in March 2021.. The company has 1,747 employees as of April 05, 2024.

  • Headquarter Gurugram, India
  • Employees 1747 as on 05 Apr, 2024
  • Founders Vinit Beriwala
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vidal Health Insurance Tpa Pvt. Ltd
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → Insurance & Risk Management
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $25.67 M (USD)
    11.61
    as on Mar 31, 2023
  • Net Profit
    $926.26 K (USD)
    181.83
    as on Mar 31, 2023
  • EBITDA
    $3.09 M (USD)
    17.69
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    1747

    as on Apr 05, 2024

  • Acquired by
    Vidal Healthcare

    (Mar 10, 2021)

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Funding Insights of Vipul Medcorp TPA

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 Vipul Medcorp TPA

Vipul Medcorp TPA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vidal Healthcare. 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
Institutional
Investor Description Founded Year Domain Location
Provider of third-party administrator services for health insurance
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 Vipul Medcorp TPA

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 - Vipul Medcorp TPA

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

Vipul Medcorp Tpa Comparisons

Employees
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Competitors of Vipul Medcorp TPA

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 Vipul Medcorp Tpa

Frequently Asked Questions about Vipul Medcorp TPA

When was Vipul Medcorp TPA founded?

Vipul Medcorp TPA was founded in 2004.

Where is Vipul Medcorp TPA located?

Vipul Medcorp TPA is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

How many employees does Vipul Medcorp TPA have?

As of Apr 05, 2024, the latest employee count at Vipul Medcorp TPA is 1,747.

What is the annual revenue of Vipul Medcorp TPA?

Annual revenue of Vipul Medcorp TPA is $25.67M as on Mar 31, 2023.

What does Vipul Medcorp TPA do?

Vipul Medcorp TPA was established in 2004 in Gurugram, India. Third-party administration for health insurance is handled, encompassing claims processing, management, and back-office support. Healthcare assistance is extended alongside maintenance of Preferred Service Provider networks. Focus remains on operational efficiency within the health insurance sector across India.

Who are Vipul Medcorp TPA's investors?

Vipul Medcorp TPA has 1 investor. Key investors include Vidal Healthcare.

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