HealthAssure to invest $15 Million to strengthen the primary care services in India

HealthAssure Investment

HealthAssure – A 7 year old HealthTech firm providing access to Primary care across 1,000 cities to most Insurers and Corporate has announced their intent to invest $15 Million over the next 3 years in order to strengthen their already extensive primary care network and tech capability to ensure more and more people can gain access to quality healthcare which is affordable and accessible to them.

The company which is India’s leading primary care aggregator already has a network of 3,100 primary care centers across 1000 cities in India plans to expand and enriched its medical network to include more and more consumer needs and create a robust primary care ecosystem.

A majority of this investment will be made in the following areas:

  • Creating an Ecosystem through Consolidating the vast primary care network by creating new Medical Networks and consumer products
  • Build distribution channels to cover Individuals, Corporates and Insurers
  • Augment Technology investments to make easier access to primary health across the country
  • Acquisitions of other healthcare startups
  • Expanding footprint to international i.e. Geographies Middle East, Malaysia, Indonesia, etc.

Speaking on the occasion, Mr. Varun Gera, Founder & CEO, HealthAssure, says,Our vision is and will remain to bring good health closer to everyone and in this endeavor we are committed to invest $15 Million over the next 3 years to creating and efficient ecosystem in the fractured infrastructure of Primary Healthcare in India so that more and more people can gain access to better healthcare and do so at significantly affordable rates. There is an increasing need for Preventive healthcare in the Indian market and our intent is to providing its access through various channels including insurance, individual customers, employees, etc.  We plan to have serviced 2.5- 3 million customers by 2020 with this fresh round of investment towards the growth of our business.”

The startup is the first of its kind in the healthcare services space in India and currently has one of the largest primary care networks in the country. The Company works with some large firms in the insurance/corporate segments— -Apollo Munich, Max Bupa, Cigna, ICICI Prudential, Royal Sundram, Loreal, FedEx, Deloitte, Max Life,   among many others.

Sharing his views on the Indian Healthcare sector, Mr. Gera said, “In the Indian market, preventive care, which is primary care, is in the early stage and there exist many big gaps. There are not enough quality medical centers around & that is where HealthAssure comes in.  We hope to bridge this gap with our platform to ensure maximum people get the access they need to meet their day to day healthcare needs.” The startup provides comprehensive medical services for individuals by not only helping them choose a doctor, specialist, pathology, diagnostics, tele doctor, home care, etc and book appointments, based on their needs such as proximity, most convenient day, time etc. but also enables reminders and finally the report delivery/follow up consultation requirements at the end of every visit.

About HealthAssure:

A first of its kind start up in the healthcare services space in India; set up with the ultimate goal of being an aggregator for primary care services for Corporates and individuals. Founded in 2011 by Mr. Varun Gera, the company helps bring day-to-day care closer to individuals through a quality & discounted network of 3,100 primary care centers across 1000 cities in India. The company currently has serviced 1 million customers through their b-2-b business. HealthAssure has invested more than USD 3 Million into building the brand so far. The company deeply understands the environment and aims to provide a solution to bridge the present gaps in primary care services in India with their network based approach that is powered by a strong technology infrastructure and centralized customer service operations.

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