“Utkarsh is a true angel for the startup world. He has been that for HealthAssure while he was at HR Fund and later in helping us to identify prospective acquisition target when we were looking to expand our offerings for the market. He also made sure the deal happened from both end on technical level as well as providing confidence to both parties.”
Founded by Varun Gera, HealthAssure is India’s largest Primary Healthcare aggregator with a comprehensive network of 4,500+ centres, set up across 1,300+ cities. Founded in 2011, it aspires to make primary healthcare and wellness accessible and comprehensible for both corporates and individuals across the country. It offers a diverse range of services through a fully integrated, digitized platform that provides the entire spectrum of primary care experience. HealthAssure has raised multiple rounds of Investment with the latest being a Pre Series B round in 2022.
UnoTumbler advised HealthAssure on their inorganic growth strategy, helping them plan, identify and assess potential acquisition targets for their consumer play. As part of the project, we worked with the founder and the senior team to anlalyze the target business, evaluate the business fit and the people fit between the two businesses. We also helped align expectations between the company and the target. As a successful completion of the project – company acquired FitMeIn which is a B2C health and fitness play. Post merger, this transaction has allowed HealthAssure to strategically expand into their B2B2C play.