Employee welfare insurtech HealthySure has raised additional funding from LetsVenture, Founders and other notable investors valuing the insurtech at around INR 50 crores. This move will help the company to further fuel its mission of offering innovative and affordable group health insurance-led solutions to the Indian workforce and their families.
The financing saw participation of new investors LetsVenture and founders Aditi Shrivastava – Founder - Pockets Aces, Sreeraman Mohan Girija – Cofounder of Fynd, Pankaj Vermani – Founder of Clovia, Sachin Shetty – Cofounder of Giva.
Founded in May 2021 by IIM-B alumnus Anuj Parekh and ISB alumnus Sanil Basutkar, HealthySure is already partnering with 100+ organizations and is covering 25,000+ people under its comprehensive healthcare solutions, with backing from Inflection Point Ventures, We Founder Circle, Dexter Angels, Campus Fund, HEM Angels and other private investors. HealthySure had announced a Pre-series A funding of INR 9 Crore in February 2022.
Anuj Parekh, Co-founder & CEO of HealthySure says, “We are excited to have some great set of investors on board. We have seen participation from our clients, mentors, founders and even our employees. This gives us great confidence and we look forward to building an impactful business together.”
Sanil Basutkar, Co-founder & Head of Product at HealthySure adds, “We have seen phenomenal demand post covid for employee health security and have generated US$ 1 Mn + of business in less than a year of operations. Organizations now understand the importance of having a healthy workforce and are ready to invest substantially to maintain that. We are seeing strong tailwinds in this market and this investor funding will now allow us to service the huge demand. We foresee 4x growth and will be covering 400+ organizations and 100,000+ lives in the coming year”