The round also saw participation from We Founder Circle, Dexter Angels, Campus Fund, HEM Angels and other private investors, according to a release by HealthySure
Mumbai:
Insurtech HealthySure has raised $1.2 million (Rs 9crore approx.) in a Pre-Series A round led by Inflection Point Ventures.
The round also saw participation from We Founder Circle, Dexter Angels, Campus Fund, HEM Angels and other private investors, according to a release by HealthySure .
The funds will be used to further fuel its mission of offering innovative and affordable group health insurance led solutions to the Indian workforce and their families, it said.
HealthySure offers a unique product of Unified Health Insurance which lets employees take personal insurance cover as high as Rs. 1 crore and all this, while saving significant costs since a sizable portion is subsidized by the employers themselves.
All this is managed through a seamless tech experience for the organizations as well as the employees. At the same time HealthySure also offers a complete healthcare stack for organizations to manage their health benefits.
Mitesh Shah, co-founder, Inflection Point Ventures says, “HealthySure has created a seamless platform to reach out to larger masses targeting SMEs whose majority workforce doesn’t have an insurance cover. .”
It’s already working with 70+ organizations and is covering 20,000+ people under its healthcare solutions. The start-up helps in simplifying health insurance for the employed Indians and make it more affordable and accessible.
With tech-enabled employee healthcare protection and management solutions for Indian organizations, HealthySure was set up in in April 2021 by two CAs, IIM-B alumnus Anuj Parekh and ISB alumnus Sanil Basutkar.