Cricketer Anil Kumble Backs Health Insurance Startup Onsurity
Summary
Through this collaboration, I am looking forward to raising awareness about the importance of healthcare and well being among employees and their families, Anil Kumble said.The development comes over a year after Onsurity secured $16 Mn in its Series A funding round from investors such as Quona Capital, Nexus Venture Partners, Whiteboard Capital.Founded in 2020 by Yogesh Agarwal and Kulin Shah, Onsurity is a subscription-based employee health benefits provider. It offers a slew of employee health solutions, including doctor teleconsultations, mental wellness, online medicine delivery, health and accidental insurance, among others, to business organisations. Its membership starts from INR 145 per month.Onsurity claims to have onboarded over 300K members and over 2,500 companies to date. Some of its customers include VISA, BSE, Jupiter Money, Terrapay, Infra.Market, Ferra Engineering and Clevertap.It also counts Kunal Shah from CRED, Jitendra Gupta from Jupiter Money, Amit Lakhotia from Park+, Revant Bhate and Dhyanesh Shah from Mosaic Wellness, Gaurav Munjal from Unacademy, among its investors.Other players in the health insurance space include Loop Health, Kenko Health, and Plum Insurance, among others.As per an Inc42 report, the Indian healthtech industry is set to become a $21 Bn market by 2025. Some of the key players in this space include IPO bound Digit Insurance, Acko, PolicyBazaar and RenewBuy, among others.