Novo Holdings announces pre-IPO investment in Medi Assist, the top health benefits' administrator in India

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Summary

COPENHAGEN, Denmark and SINGAPORE, Jan. 23, 2024 /PRNewswire/ -- Novo Holdings today announced its investment in Medi Assist, Indias largest health benefits administrator. Medi Assists extensive network and scale enable cost savings for payors and policyholders alike, which could have a positive effect on health outcomes across the country. This focus on efficiency and quality has been instrumental in forging enduring partnerships with a wide array of hospitals and insurance companies in India. Furthermore, the Companys adept leadership has been a key factor in establishing its position at the forefront of Indias health insurance industry. The Foundations mission is to progress research and innovation in the prevention and treatment of cardiometabolic and infectious diseases as well as to advance knowledge and solutions to support a green transformation of society.www.novonordiskfonden.dk/en

$ Funding

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Amount - Total raised
Date January 23, 2024 Announcement date
Investors - Lead investors
Company https://www.mediassist.in/ Funded company

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