Get All Access for $5/mo

HealthAssure Raises INR 500 Million In Pre-Series B Funding The fund raised will be used to enhance the product, strengthen distribution, sharpen their OPD insurance network and invest in futuristic primary healthcare technology

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

HealthAssure, a healthtech company aggregating primary health care services and OPD insurance, has raised INR 500 million in a pre-Series B funding round led by Rajiv Dadlani Group. The round also saw participation from Blume Ventures, Leo Capital, reputed family offices and marquee investors. The fund raised will be used to enhance the product, strengthen distribution, sharpen their OPD insurance network and invest in futuristic primary healthcare technology.

"Raising our largest round yet in such difficult market conditions, displays the confidence which our existing and new investors have in our unique business model and the potential of the large healthcare market ripe for disruption. This motivates us to build further on our assets, capitalize on the opportunity and solidify our leadership position in the market. We would like to thank our newest backers and Blume for being our fulfilling startup journey," said Varun Gera, founder and CEO, HealthAssure.

HealthAssure has been the first-to-market to launch innovative insurance-underwritten OPD products, has a large existing business portfolio and doubled its revenues on Y-o-Y basis. The platform is targeting a massive $40 billion OPD and insurance market in India by productizing the largest HMO ecosystem of primary care it has built over the 10 years across 1200 cities. They are also aiming to reach 10 times of its current revenue within the next 3 years, claimed by the company in a statement.

"We have tracked HealthAssure's impressive growth journey for a while. The HealthAssure team has a strong pedigree and rich experience and having built a strong foundation, they are well poised to be a leading brand in the healthtech and insuretech industry. We are very excited to partner as long-term investors, and support them in their journey," said Rajiv Dadlani, from the Family Office of Rajiv Dadlani Group.

HealthAssure is a primary healthcare aggregator with an objective to offer people all over the country, an easy access to some of the top health care facilities.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Growing a Business

Why Business Owners Should Streamline Their Operations Now for Success in 2025

As the holiday season and year-end approach, business owners face heightened operational demands, from inventory management to spend control. By streamlining these processes and partnering with flexible suppliers, businesses can maintain efficiency, meet customer needs and focus on growth while navigating this busy period.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.

Business News

Apple Is Adding ChatGPT to iPhones This Week. Here's How It Works.

ChatGPT will take over questions that Siri can't answer.

Growing a Business

5 Effective Strategies to Boost Your Business's Online Presence

Boosting your online presence in 2025 is the key to success for businesses looking to grow. Working on your branding and reputation management is important to drive more sales and improve conversion.

News and Trends

2025 to Test AI Ideas for Viability: Sequoia's 3 Predictions

If 2024 was AI's primordial soup year, 2025 will be about the foundations solidifying, according to David Cahn, partner at Sequoia Capital