Medi Assist Healthcare Services IPO

Medi Assist Healthcare Services Limited is a health-tech & insurance-tech company offering third-party administration (TPA) services to insurance companies. Through its wholly-owned subsidiaries, Medi Assist TPA, Medvantage TPA (effective February 13, 2023), and Raksha TPA (effective August 25, 2023), the company processes health insurance claims and provides various services such as policy administration and customer service. The company has a total of nine subsidiaries, comprising four direct subsidiaries and five indirect subsidiaries. Aside from managing third-party administration, the company also supports a range of healthcare and related services. These encompass hospitalization, call center assistance, customer relations, contract management, billing, and claims processing. Furthermore, the company serves as an intermediary among general and health insurance companies and their policyholders, insurance companies and healthcare providers (like hospitals), and the government and beneficiaries participating in public health schemes.;