What is Onsurity?
Onsurity is India's sole healthtech company dedicated to providing comprehensive monthly employee healthcare solutions tailored for SMEs, MSMEs, Startups, and growing businesses. The company's mission is to democratize access to quality healthcare, enabling entrepreneurs and small business owners to ensure their teams receive the best possible medical coverage through simple and affordable products. Founded to address the critical challenge of accessible and affordable employee healthcare and benefits for SMEs and enterprises, Onsurity aims to enhance employee retention, boost productivity, attract top talent, and foster a happier workforce.
How much funding has Onsurity raised?
Onsurity has raised a total of $90.2M across 4 funding rounds:
Series A
$16M
Other Financing Round
$24M
Other Financing Round
$24M
Other Financing Round
$26.2M
Series A (2021): $16M with participation from Vivek Garipalli, Quona Capital, and Nexus Venture Partners
Other Financing Round (2023): $24M led by Quona Capital, Nexus Venture Partners, and International Finance
Other Financing Round (2023): $24M supported by International Finance, Quona Capital, and Nexus Venture Partners
Other Financing Round (2024): $26.2M featuring Nexus Venture Partners and Quona Capital
Key Investors in Onsurity
Nexus Venture Partners
Nexus Venture Partners is a venture capital firm specializing in seed, startup, growth capital, and early-stage investments, founded in 2006 and based in California, United States.
Quona Capital
Quona Capital is a venture firm focused on fintech for inclusion in emerging markets, with deep experience in supporting financial technology companies that expand access for underserved consumers and small businesses.
International Finance
International Finance Corporation operates as a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable development across emerging markets, providing comprehensive financial solutions and advisory services.
What's next for Onsurity?
The recent major strategic investment into Onsurity signals a pivotal phase for the company, likely enabling accelerated expansion of its service offerings and market reach. With substantial backing, Onsurity is poised to further solidify its position as a leader in employee health benefits for the SME sector in India. Future developments may include enhanced technological integration, broader geographic penetration, and the introduction of new wellness programs designed to meet the evolving needs of its client base. This capital infusion is expected to drive innovation and operational scaling, reinforcing Onsurity's commitment to making comprehensive healthcare accessible to a wider segment of the Indian business landscape.
See full Onsurity company page
