Insurance portal PolicyBazaar has appointed Ashish Gupta as the Chief Executive Officer of its healthtech venture, DocPrime.
Apart from this, the insurance giant also named Richit Ummat as the Chief Operating Officer for its new venture.
The new CEO has been serving as Chief Technology Officer at Policy, so this appointment is an elevation for him.
Gupta will also continue his current role of CTO until a successor is announced.
“We are excited for Ashish and Richit to take on leadership positions in our new healthtech venture. Both of them bring diversified experience spanning nearly three decades in technology, business development, strategic planning, and sales”, said Group CEO, co-founder Yashish Dahiya.
Policybazaar’s foray into health-tech through DocPrime comes on the heels of signing $238 million funding round, led by Japan’s SoftBank Group and existing investors.
With DocPrime, PolicyBazaar Group is trying to become a one-stop shop for consumer’s healthcare and financial needs.