Niva Bupa
Company

Last deal

$96.08M
Local Amount - INR 8B

Amount

Private Equity

Stage

12.10.2023

Date

3

all rounds

$433.58M

Total amount

date founded

Financing round

General

About Company
Niva Bupa Health Insurance Company Ltd. is an insurance company specializing in health, medical, and travel insurance products and services.

Industry

Sector :

Subsector :

Also Known As

Max Bupa Health Insurance Company Limited, Max Bupa

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Niva Bupa Health Insurance Company Ltd. is a joint venture between Fettle Tone LLP and Bupa Singapore Holdings Pte. Limited. With Bupa's extensive experience in the healthcare industry and Fettle Tone's focus on transforming businesses, Niva Bupa aims to become India's most admired health insurance company. They provide customers with information, guidance, and a range of insurance services to help them choose the best insurance plans. Additionally, Niva Bupa offers group corporate health insurance solutions.
Contacts

Contact Email

Phone number

Social url

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M&A Details
2

Transaction name

Acquired by

Bupa

announced date

29.09.2023

price

$324.61M
Local Amount - INR 27B

Financials

Funding Rounds
4
3

Number of Funding Rounds

$433.58M

Money Raised

Their latest funding was raised on 12.10.2023. Their latest investor Faering Capital. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
12.10.2023
3
$96.08M
Local Amount - INR 8B
29.09.2023
1
$324.98M
Local Amount - INR 27B
15.03.2021
1
$12.52M
Local Amount - INR 908M
Bupa

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Health Care Providers

Subsector

Health Care Management Services

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Co-Investors
Investors
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Investor 
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People

Founders
1
Damien Marmion
Damien Marmion

Damien Marmion

Board Director, CEO, Advisor and Investor with a proven record growing revenue, market share and profitability of healthcare businesses across global, highly regulated markets. Success spearheading organic and acquisitive growth, innovation and performance improvement in fast-growing digital health businesses underpinned by strategic insight, operational leadership experience in Bupa and AXA and board level stakeholder engagement skills.

organization founded

2

Damien Marmion

Employee Profiles
15

Upender Singh

Assistant manager

Archit Shankar

General manager and head - brand and consumer insights

Sudipta Biswas

Sudipta Biswas

Head-Corporate Business

Krishnan Ramachandran

MD & CEO

Activity

Recent News
3
News Timeline

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