# Onsurity Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onsurity-technologies-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.onsurity.com
- Total disclosed funding: $66M
- Latest round: Series B (Sep 10, 2024)
- Investors on record: 8

## About

Founded in 2020 and based in Bangalore, India, Onsurity Technologies Private Limited develops and operates an Insuretech platform that provides SMEs with healthcare and employee benefits solutions. CEO Yogesh Agarwal and COO Kulin Shah co-founded the company. In September 2024, Onsurity Technologies Private Limited raised INR 2.2 billion in series B funding led by new investor Creaegis, with participation from returning investors Nexus Venture Partners and Quona Capital. The round was part of a larger INR 4.19 billion series B funding.

The company's developers provide enterprises with employees an online healthcare platform that offers group medical insurance such as medicine discounts, online health checkups, free consultation, as well as group health and term life insurance.

Onsurity Technologies generates revenue by offering membership-based healthcare insurance technology solutions for enterprises.

The company will use the September 2024 funding for general corporate objectives, working capital, business expansion, and enhancing its technology capabilities.

## Funding rounds

- Series B, Sep 10, 2024, $29M — Nexus Venture Partners, [DUP] International Finance Corporation, Quona Capital, Creaegis
- Series B, Oct 9, 2023, $24M — International Finance Corporation, Nexus Venture Partners, Quona Capital
- Series A, Jul 14, 2021, $11M — Nexus Venture Partners, Quona Capital, Whiteboard Capital, Caesar Ventures
- Seed, Mar 20, 2020, $2.3M — Nexus Venture Partners, Whiteboard Capital, 3.0 Fund

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B
- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Seed, Series A
- 3.0 Fund (https://capitalatlas.ai/funds/3-0-fund) — Seed
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A, Series B
- Caesar Ventures (https://capitalatlas.ai/funds/caesar-ventures) — Series A
- International Finance Corporation — Series B
- [DUP] International Finance Corporation — Series B
- Creaegis (https://capitalatlas.ai/funds/creaegis) — Series B