Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 13 2018

HealthAssure Pumps In $1 million from The HR Fund

The company’s technology platform helps discover centres and doctors in their vicinity, allows booking appointments and deliver medical reports online.

HealthAssure, the Primary healthcare services provider has confirmed a fundraise of million dollars in pre-series A from The HR Fund. The latest Investment was facilitated by Candle Advisors, a Mumbai based investment banking, and advisory services firm.

HealthAssure founded in 2011 by Varun Gera, former CEO of United Healthcare and currently operates a network of 3100 primary care centres offering services such as dental, paediatric, opthalmology and diagnostics across upwards if 1000 cities in India.

The company’s technology platform helps discover centres and doctors in their vicinity, allows booking appointments and deliver medical reports online.

Varun Gera, CEO and Founder, HealthAssure said, “We will use the funds to expand our networks, IT infrastructure, develop new products and sales and distribution platform.”

The company also runs a B2B arm wherein it works with insurance companies and over 100 corporates including Apollo Munich, Max Bupa, Cigna, ICICI Prudential, Royal Sundaram, Loreal, FedEx, Deloitte, Max Life Insurance among others.

The HR Fund  which was launched in 2012 is Rs. 50 crore fund focussed on investments in startups focussed on solutions for workforce management. The fund has made six investments yet in businesses such as People Matters, Knolscape, and Sheroes.

Last year, HR Fund had Cancelled its investment in Gurgaon based PeopleStrong with private equity firm Multiples Alternate Asset Management buying a majority stake in the company for $61 million.

Comment
image
Related opportunities
  • About Us: ARC, a premium brand of Jindal Stainless Group, is..
    Locations looking for expansion New Delhi
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Car wash / Ceramic Coating / Detailing
    About Us: AUTOTRIZ is a global leading producer of high quality..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Ice creams & Yogurt Parlors
    About Us: FRIENDLY OPPORTUNITY FOR ENTREPRENEURS Low Cost of Capital Minimum Operational Expenses..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 25
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • About Us: The Louis Unisex Salon is an exclusive Global Circle..
    Locations looking for expansion Uttar Pradesh
    Establishment year 1990
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Noida Uttar Pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities