Bajaj Finserv forays into healthtech with fully-owned subsidiary

Photo: Reuters

Bajaj Finserv on Tuesday announced its foray into healthcare with the launch of Bajaj Finserv Health Ltd (BFHL). The fully-owned subsidiary aims to improve the health outcomes of consumers through holistic care plans using technology.

BFHL’s Arogya Care scheme will provide preventive, personalized and prepaid healthcare packages.

“With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Bajaj Finserv addresses the financial needs of consumers in an increasingly phygital world,” Bajaj Finserv chairman and managing director Sanjiv Bajaj said.

Speaking at the launch event, NITI Aayog chief executive officer Amitabh Kant said the healthcare sector is set for great transformation with digital initiatives. “The pandemic has presented a unique opportunity to transform our healthcare system and, with Bajaj Finserv entering the space, it will set a unique example and encourage many more private sector players to partner with the health sector to help realise the vision of building a healthy and a very progressive India.”

The firm will offer health insurance from Bajaj Allianz General Insurance and a pre-approved health EMI facility from Bajaj Finance.

It has empanelled 112 hospital partners, which operate 200 hospitals, three diagnostic and laboratory centres with 671 consumer touch points and over 9,000 doctors on the platform.

This article was first published on livemint.com

Singapore Reporter/s

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Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.