Cricketer Anil Kumble Invests In Health Insurance Startup Onsurity
Onsurity, a health insurance startup, has raised an undisclosed amount in a funding round led by Indian cricketer Anil Kumble.
Also, Anil, as part of this deal, has joined Onsurity as its strategic advisor.
Onsurity | Health Insurance Startup
Founded by Yogesh Agarwal and Kulin Shah in 2020, Onsurity is a subscription-based healthtech & employee benefits provider disrupting the SME and startup healthcare market with technology and innovation.
Onsurity provides a modern comprehensive employee healthcare experience to businesses with health, insurance & wellness benefits.
Speaking about the development, Anil Kumble said,
“What I liked about Onsurity, who are in a way, democratising access to healthcare benefits through their tech-led platform and B2B associations. Through this collaboration, I am looking forward to raising awareness about the importance of healthcare and well being among employees and their families.”
The health insurance startup claims to have onboarded over 300K members and over 2,500 companies to date. Some of its customers include BSE, VISA, Jupiter Money, Terrapay, Infra.Market, and Clevertap.
The startup offers a slew of employee health solutions, including doctor teleconsultations, online medicine delivery, mental wellness, and health and accidental insurance, among others, to business organisations. Its membership starts from Rs 145 per month.
Onsurity also counts CRED founder Kunal Shah, Jitendra Gupta from Jupiter Money, Gaurav Munjal from Unacademy, Amit Lakhotia from Park+, Revant Bhate and Dhyanesh Shah from Mosaic Wellness among its investors.
Other players in the health insurance space include Loop Health, Kenko Health, and Plum Insurance.
The Indian insurtech space, since 2014, has attracted $1.9 billion in funding. A large portion of the funding, almost $1.3 billion, has been raised since 2020. Some of the key players in this segment include Acko, PolicyBazaar, Digit Insurance, and RenewBuy, among others.
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