Corporate Updates

HealthAssure secures $2.5 mn in series A funding

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HealthAssure

HealthAssure, a Mumbai-based aggregator, has secured a funding of worth $2.5 million. The series A funding round was led by Blume Ventures, an early stage venture capital fund.

The healthtech startup was founded in in 2011 by Varun Gera. It is an aggregator of primary care services for corporates and individuals and helps bring day-to-day care closer to individuals.

Also read: ICICI joins hands with HealthAssure to provide health services to NRIs

The company will use the fund to augment its health-tech platform, create sharper products that serve various primary care needs of the Indian market more effectively including insurance OPD products, build better data capabilities leveraging AI & ML and strengthen distribution.

Responding to the development, Varun Gera, Founder & CEO of HealthAssure said, “We are proud to be associated with Blume through this round of funding. Blume has established itself as one of the most vibrant start-up ecosystems in India and we look forward to leveraging their strengths in our journey of consumerising healthcare.

Also read: HealthAssure to invest $15 million for primary care services

“We will infusing the funds raised in our business to further deepen our technology, build new products, create a more robust distribution network and grow inorganically as well. HealthAssure aims to make quality healthcare easily accessible and affordable for the Indian population and would continue to touch the lives of millions of new customers over the next 2 years,” he further stated.

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