Onsurity, a leading insurtech startup focused on providing affordable and accessible healthcare solutions for small and medium-sized enterprises (SMEs) in India, has recently secured $45 million in a Series B funding round. This investment round was led by Tiger Global, with participation from existing investors such as Nexus Venture Partners and Quona Capital.
Founded in 2021, Onsurity aims to democratize healthcare access for Indian SMEs by offering comprehensive and affordable health insurance plans. The company’s innovative technology platform simplifies the process of purchasing and managing employee health benefits, providing a seamless experience for both employers and employees.
With this latest funding, Onsurity plans to accelerate its growth, expand its product offerings, and strengthen its technology infrastructure. The funds will be used to enhance the company’s platform, improve customer experience, and expand its reach to more SMEs across India.
Onsurity’s mission is to empower Indian SMEs by providing them with the tools and resources to build a healthier and happier workforce. By leveraging technology and a customer-centric approach, Onsurity is well-positioned to transform the Indian healthcare landscape and make quality healthcare accessible to millions of employees.
