Medi Assist

India's largest TPA dedicated to making healthcare accessible, affordable and actionable.

Launch date

1999

Employees

1001-5000 people

Market cap

Enterprise valuation

€544m (Public information from Sep 2024)

Bengaluru Karnataka (HQ)

https://mediassisttpa.in/

https://twitter.com/mediassistindia https://www.facebook.com/mediassistonline https://www.linkedin.com/company/medi-assist/https://play.google.com/store/apps/details?id=in.proclaimlite

Revenues, earnings & profits over time

INR	2021	2022	2023	2024	2025	2026	2027
Revenues	3.2b	3.9b	5.0b	6.3b	7.3b	10.1b	11.5b
% growth	-	22 %	28 %	26 %	15 %	38 %	15 %
EBITDA	955m	982m	1.3b	1.5b	1.6b	2.0b	2.6b
% EBITDA margin	30 %	25 %	26 %	24 %	22 %	20 %	23 %
Profit	263m	642m	740m	692m	978m	1.0b	1.5b
% profit margin	8 %	16 %	15 %	11 %	13 %	10 %	13 %
EV / revenue	-	-	-	5.6x	5.8x	4.2x	3.6x
EV / EBITDA	-	-	-	23.4x	26.2x	20.9x	16.0x

Date	Investors	Amount	Round
Jan 2024*	Nomura Goldman Sachs HDFC Mutual Fund PineBridge Investments Sundaram Mutual Fund Tata Mutual Fund Jupiter Asset Management Bajaj Allianz Life Insurance Company Aditya Birla Sunlife Mutual Fund SBI Life Insurance Company Aditya Birla Sun Life Insurance Edelweiss Mutual Fund Kotak Mutual Fund Bandhan Mutual Fund	$42.4m	Growth Equity non VC
Jan 2024*	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

Mayfair We Care

ACQUISITION by Medi Assist Nov 2022

Paramount Health Services & Insurance

ACQUISITION by Medi Assist Aug 2024