HealthAssure to invest USD 15 million to strengthen healthcare services

ANI | Updated: Jan 11, 2018 22:29 IST

Mumbai (Maharashtra) [India], Jan 11 (ANI): Healthtech firm HealthAssure on Thursday announced their intent to invest USD 15 million over the next three years in order to strengthen their already extensive primary care network and tech capability.

A majority of this investment will be made in creating an ecosystem through consolidating the vast primary care network by creating new medical networks and consumer products.

The startup will also build distribution channels to cover individuals, corporates and insurers, augment technology investments to make easier access to primary health across the country.

The company further plans an acquisition of other healthcare startups, and also aims to expand its footprint internationally.

"There is an increasing need for preventive healthcare in the Indian market and our intent is to providing its access through various channels including insurance, individual customers, employees. We plan to have serviced 2.5- 3 million customers by 2020 with this fresh round of investment towards the growth of our business," said founder and CEO, HealthAssure, Varun Gera.

The startup is the first of its kind in the healthcare services space in India and currently has one of the largest primary care networks in the country.

The company works with some large firms in the insurance/corporate segments including Apollo Munich, Max Bupa, Cigna, ICICI Prudential, Royal Sundram, Loreal, FedEx, Deloitte, Max Life. (ANI)