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
Related opportunities
  • Quick Service Restaurants
    To own a business in food & beverages industry, Chick..
    Locations looking for expansion Tamil Nadu
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Salem Tamil Nadu
  • About us: International Training Academy (ITA), a dedicated wing of Institute..
    Locations looking for expansion West Bengal
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West Bengal
  • Lingerie & Innerwear
    About Us: Trylo Inner Luxury - the name says it all...
    Locations looking for expansion Gujarat
    Establishment year 1992
    Franchising Launch Date 2014
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Surendranagar Gujarat
  • Online learning/E-learning
    Want to be an entrepreneur in fastest growing e-Learning model..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 50 K - 2lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Varanasi Uttar Pardesh
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