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
  • Juices / Smoothies / Dairy parlors
    About Us: We are likely to bring about a revolution in..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 35
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    Looking for your own lucrative business in ever growing fast..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 200 - 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Rajouri New Delhi
  • Online Food Ordering Services
    About Zomato : Founded by Deepinder Goyal in 2008, Zomato is..
    Locations looking for expansion Delhi
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Gyms and Fitness Centres
    About Us: Trugym is an innovative gym operator from the UK...
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
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