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Onsurity

657

Healthcare for SMEs and startups

SME Insurance
SME Insurance
Active

Founded

2020

Team Size

250

Total Funding

₹30 Cr

Valuation

₹120 Cr

About

Onsurity, founded in 2020 in Bengaluru, is a prominent Indian insurtech platform revolutionizing healthcare benefits for SMEs and startups. It provides comprehensive and affordable employee benefits, including group health insurance, wellness programs, and digital healthcare solutions. Onsurity's tech-first approach helps smaller businesses offer competitive benefits to attract and retain talent, a critical market need. Having secured significant funding rounds, it serves thousands of Indian businesses, establishing itself as a key player in the SME insurance sector.

AI-generated summary — pending verification

Unique Selling Proposition

Core Differentiator

Affordable insurance solutions tailored for SMEs.

Target Market

Small and medium-sized enterprises in India.

Key Innovation

Simplified digital insurance onboarding process.

Competitive Moats
🔒Switching Costs
Medium

Once SMEs are onboarded, they may find it inconvenient to switch to competitors.

🧠Data/AI Moat
Medium

Utilizes data analytics for personalized insurance offerings.

Funding Snapshot
Free preview

₹102 Cr

Total Raised

1

Round

Series A

Latest · 2021-08-17

Backed by

Quona Capital
Nexus Venture Partners

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Full Funding History

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Funding History

Series A

2021-08-17

₹102 Cr

Lead: Quona Capital

Investors

Quona Capital
Nexus Venture Partners
Details

Location

Bengaluru, Karnataka

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Financial Metrics

Funding Rounds

1

VedAI Score
657/1000
Developing

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