HealthAssure, a seven-year old heathtech startup providing access to primary care to insurers and corporates across 1,000 cities, has announced plans to invest $15 Mn over the next three years. The investment will be geared towards strengthening its primary care network and tech capabilities, in order to ensure better access to affordable healthcare in the country.
At present, the company boasts a network of 3,100 primary care centres across 1000 Indian cities. With the $15 Mn investment, it further plans to expand and enrich its medical network to include more and more consumer needs and create a robust primary care ecosystem.
The heathtech startup is also looking to expand its international footprint, particularly in Malaysia, Indonesia and the Middle East.
Commenting on the development, Varun Gera, founder and CEO of HealthAssure said, “Our vision is and will remain to bring good health closer to everyone and in this endeavor we are committed to invest $15 Mn over the next three 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 provide access through various channels including insurance, individual customers, employees, etc. We plan to have serviced 2.5-3 Mn customers by 2020 with this fresh round of investment towards the growth of our business,” Gera added.
As per the official release, the primary focus of the investment will be to create an ecosystem by consolidating the startup’s primary care network. A portion of the capital will also be used to introduce new consumer products and medical networks.