Healthcare Platform Onsurity Raises Capital from Angel Investors
Onsurity, a tech startup backed by Nexus Venture Partner which provides healthcare-related services has raised an undisclosed round of funding from a group of its customers who have turned investors.
The founders of leading startups in India also participated in the round. These include Kunal Shah (Cred), Jitendra Gupta (Jupiter Money), Amit Lakhotia (Park+), Revant Bhate and Dhyanesh Shah (Mosaic Wellness), Gaurav Munjal (Co-founder Unacademy), Aakrit Vaish, Miten Sampat, Harsh Shah (Fynd), Gourav Bhattacharya (ex- Matrix Partners), Kunal Khattar (Managing Partner, AdvantEdge Founders), and all the three founders of Clevertap – Sunil Thomas, Anand Jain, and Suresh Kondamudi.
Onsurity is India's only healthcare company that provides monthly, comprehensive employee healthcare to SMEs, MSMEs, Startups, and growing businesses. The startup aims to democratize technology by making sure that everyone, from entrepreneurs to small businessmen, has access to the best of healthcare.
Bangalore-based health tech startup was founded by Yogesh Agarwal and Kulin Shah in 2020 to empower SMEs and enterprises to solve their major problem-affordable employee healthcare and benefits which in turn helps increase employee retention, productivity, attract talent and enable SME to build a happier workforce.
According to the startup, the customers had reached out to the founders, seeking to invest based on their experience of being engaged with the company.
“Angel investors in the startup ecosystem coming in for mentoring and building a business is the norm. But in Onsurity’s case, our customers have turned into investors. This is a unique situation as it is a validation of our vision and the problem statement we are solving. We are proud to be onboarding these remarkable entrepreneurs who are also customers as angel investors,” says, Onsurity Co-founder Kulin Shah.
In March 2020, Onsurity had raised its seed round with backers such as Nexus Partners, AngelList, Whiteboard Capital, and angels like Prashanth Ranganathan (ex-Paysense), Jonathan Swanson (Cofounder, Thumbtack), and others.
“The participation of these angels will help our team get easy access to build a great customer experience and enhance our tech stack. We look forward to deeply engaging with these stalwarts to innovate, further scale, and provide every SME the opportunity to provide healthcare their employees deserve." says, Yogesh Agarwal, Founder, Onsurity.
Onsurity launched its product in July 2020 and has 700 SMEs with 70,000 users. It provides various services like group health insurance, telemedicine & consultation, regular checkups, etc.
The founders of leading startups in India also participated in the round. These include Kunal Shah (Cred), Jitendra Gupta (Jupiter Money), Amit Lakhotia (Park+), Revant Bhate and Dhyanesh Shah (Mosaic Wellness), Gaurav Munjal (Co-founder Unacademy), Aakrit Vaish, Miten Sampat, Harsh Shah (Fynd), Gourav Bhattacharya (ex- Matrix Partners), Kunal Khattar (Managing Partner, AdvantEdge Founders), and all the three founders of Clevertap – Sunil Thomas, Anand Jain, and Suresh Kondamudi.
Onsurity is India's only healthcare company that provides monthly, comprehensive employee healthcare to SMEs, MSMEs, Startups, and growing businesses. The startup aims to democratize technology by making sure that everyone, from entrepreneurs to small businessmen, has access to the best of healthcare.
Bangalore-based health tech startup was founded by Yogesh Agarwal and Kulin Shah in 2020 to empower SMEs and enterprises to solve their major problem-affordable employee healthcare and benefits which in turn helps increase employee retention, productivity, attract talent and enable SME to build a happier workforce.
According to the startup, the customers had reached out to the founders, seeking to invest based on their experience of being engaged with the company.
“Angel investors in the startup ecosystem coming in for mentoring and building a business is the norm. But in Onsurity’s case, our customers have turned into investors. This is a unique situation as it is a validation of our vision and the problem statement we are solving. We are proud to be onboarding these remarkable entrepreneurs who are also customers as angel investors,” says, Onsurity Co-founder Kulin Shah.
In March 2020, Onsurity had raised its seed round with backers such as Nexus Partners, AngelList, Whiteboard Capital, and angels like Prashanth Ranganathan (ex-Paysense), Jonathan Swanson (Cofounder, Thumbtack), and others.
“The participation of these angels will help our team get easy access to build a great customer experience and enhance our tech stack. We look forward to deeply engaging with these stalwarts to innovate, further scale, and provide every SME the opportunity to provide healthcare their employees deserve." says, Yogesh Agarwal, Founder, Onsurity.
Onsurity launched its product in July 2020 and has 700 SMEs with 70,000 users. It provides various services like group health insurance, telemedicine & consultation, regular checkups, etc.
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