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Onsurity

Onsurity provides an affordable monthly employee healthcare membership to startups & MSMEs

SaaS, Insurance, HealthTech / MedTech / Healthcare, FinTech

Basic Information

Onsurity is a benefits company providing a monthly healthcare membership to MSMEs and startups for their employees. Their comprehensive monthly healthcare membership includes wellness benefits like discounts on medicines / health checkups, free doctor consultation and group health and term life insurance facilitated by Onsurity for its members. The monthly membership can be extended to fulltime or temporary employees, freelancers or consultants. Employees can use Onsurity's mobile app to update their office plans on a personal subscription and continue the membership on a personal subscription if they leave the company.

Legal Name

:

Onsurity Technologies Pvt Limited

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2B, B2B2C

Founding Date

:

2020

No. of Employees

:

251 to 500

Core Team

:

1.

Yogesh Agarwal

Founder & CEO

2.

Kulin Shah

Co-Founder

Tech30 Pitch

Timeline

2020

Company Incorporation

Feb | Company Incorporation

The company was incorporated.

Product Launch

Feb | Product Launch

Launched the product in close beta and onboarded our first 2 clients.

Key Customer Milestone

Sep | Key Customer Milestone

Onboarded our 100th B2B customer

Revenue Stream

Fee-For-Service

Target Market

B2B

We target emerging businesses - MSMEs and Startups - across industry verticals.

Client Segment

:

Agriculture, Art & Design, BioTech/BioPharmaceutical, Content, Financial Services

Target Companies

:

Startup, Small Enterprise, Medium Enterprise

Target Geography

:

India, India Tier 1, India Tier 2, India Tier 3

Funding

Total Funding

$18.9M

Investors

:

1.

Brijesh Agrawal

2.

Kunal shah

3.

Anil Kumble

4.

AngelList

See More

Detail Round Breakdown

Round 1

Round 2

$2.5M

Series Name

:

SEED

Date

:

20th Mar 2020

Investors

:

1.

Nexus Venture Partners

Features

Onsurity’s Kulin Shah and BCG’s Nitin Chandalia on the nuances of fundraising

Insurtech firm Onsurity raises $24M in Series B led by IFC

Onsurity is providing healthcare membership to SMEs with as low as three employees, says co-founder Yogesh Agarwal

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