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Ahead of IPO, Medi Assist mobilises Rs 351 crore from anchor investors

by AIP Online Bureau | Jan 13, 2024 | Health, Indian News, Non-Life, Wealth Management/ Philanthropy

Those who participated in the anchor bidding include Goldman Sachs, Nomura, Jupiter India Fund, Pinebridge Global Funds, SBI Life Insurance Company, Bajaj Allianz Life Insurance Company, and Aditya Birla Sun Life Insurance Company New Delhi: Medi Assist Healthcare...

Medi Assist sets Rs 397-418 price band for its Rs 1,172 crore IPO, to open on Jan 15

by AIP Online Bureau | Jan 10, 2024 | Health, Indian News, Intermediaries, Wealth Management/ Philanthropy

Those selling shares in the offer for sale include Vikram Jit Singh Chhatwal, Medimatter Health Management, Bessemer India Capital Holdings II Ltd, Bessemer Health Capital LLC, and Investcorp Private Equity Fund Mumbai: Medi Assist Healthcare Services, the Bessemer...

Medi Assist files IPO papers with Sebi again; public issue entirely an OFS

by AIP Online Bureau | Aug 26, 2023 | Health, Indian News, Intermediaries

According to the fresh draft red herring prospectus (DRHP) filed on Friday, the initial public offering (IPO) is entirely an offer for sale of up to 2.8 crore equity shares of Medi Assist by promoters and existing shareholders Mumbai: Bengaluru-based third party...

Medi Assist acquires Raksha TPA, to add approximately 3,000 corporates clients

by AIP Online Bureau | Mar 27, 2023 | Health, Indian News, Intermediaries

“This acquisition aligns with Medi Assist’s overall growth strategy, and expands our presence in the North and West regions of India and adds approximately 3,000 corporates to our client list. Raksha TPA adds 17 per cent to Medi Assist in terms of...

Medi Assist acquires majority stakes in UK-based healthcare company Mayfair

by AIP Online Bureau | Nov 17, 2022 | Health, Indian News, Intermediaries

Satish Gidugu, CEO, Medi Assist said,“ With Indian corporates expanding internationally and international travel on the rise, demand for international health insurance is witnessing tremendous growth. With this new alliance, we aim to provide services beyond Indian...
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