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Medi Assist

Bengaluru (Bangalore), Karnataka, Indiamediassist.in ↗

Ownership: Private
Employees: ~6200
Development stage: Other

Overview

India’s largest third-party administrator for health insurance. Manages over ₹19,050 crore in premiums across group and retail policies (~20% of the Indian market). Operates a pan‑India network with 18,000+ hospitals in over 1,069 cities/towns. Expanding globally via acquisitions such as Mayfair We Care UK. Known for high client retention (~95%), strong technology integration including AI/ML for claims processing/fraud detection. Awaiting regulatory approval to acquire Paramount Health Services & Insurance TPA.

Industry: Biomedical IT and Biomedical Data Platforms

Partnerships

Partnerships with major Indian insurers (>21 as of Dec. 2020)Strategic partnership with IHX eco-system for hospital revenue cycle managementPartnership with Medibuddy

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