Company Directory / Insurance

Niva Bupa logo

PrivateFor profitInsuranceNew Delhi, Delhi, India

Niva Bupa

Niva Bupa is a health insurance company that provides health insurance plans for families, individuals, and senior citizens.

Founded
2008
18 years ago
Staff
5001-10000
4,896 on LinkedIn
Followers
78k
on LinkedIn
Funding
$8.9B
as listed, USD

Niva Bupa Health Insurance Company Ltd. (formerly known as Max Bupa Health Insurance Company Limited) is a joint venture between Fettle Tone LLP (an affiliate of True North Fund VI LLP), a leading Indian private equity firm, and the UK based healthcare services expert, Bupa Singapore Holdings Pte. Limited. “Niva” is a popular Hindi/Sanskrit word and also means SUN – which is a symbol of hope, positivity, energy and above all life itself. Our vision is, “To become India's most admired Health Insurance Company” by… Read all

Niva Bupa Health Insurance Company Ltd. (formerly known as Max Bupa Health Insurance Company Limited) is a joint venture between Fettle Tone LLP (an affiliate of True North Fund VI LLP), a leading Indian private equity firm, and the UK based healthcare services expert, Bupa Singapore Holdings Pte. Limited. “Niva” is a popular Hindi/Sanskrit word and also means SUN – which is a symbol of hope, positivity, energy and above all life itself. Our vision is, “To become India's most admired Health Insurance Company” by empowering our customers with knowledge, guiding them with expertise, and providing them with a gamut of services that instils confidence and puts control back in their hands – just the way they want every moment of their life to be. While Bupa has six decades of experience in the healthcare industry and a 29 million customer-base in over 190 countries; Fettle Tone LLP (an affiliate of True North Fund VI LLP) is a leading Indian private equity firm, with a focus on investing in and transforming mid-sized profitable businesses into world-class industry leaders. In the last 20 years, Fettle Tone has invested in more than 50 Indian businesses and has successfully guided these companies in making the transition into well-established and large businesses that are valuable, enduring and socially responsible. At Niva Bupa, our mission is, “To give every Indian the confidence to access the best healthcare”. For us, health insurance is not just an annual transaction. Rather, it is about building a long-term relationship with our customers.

Set against six million companies

Size

1-1011-5051-100101-250251-500501-10001k-5k5k-10k10k+

5001-10000 people: larger than 99% of companies with a size listed. 4,896 people list it on LinkedIn.

Age

200819002026

18 years old.

Reach

Website ranked #35,412 in the world for traffic, about 1.8M visits a month. 78,456 followers on LinkedIn.

What it does

Financial ServicesHealth CareHealth InsuranceInsuranceInsurTechIndividual and Group Health Insurance

Funding, as listed

$8.9B raised in total

  • Rounds2
  • LatestPrivate equity, Oct 2023
  • Latest amountUSD 96,081,488
  • Investors4, 1 leading

What the source datasets report. We have not watched these rounds ourselves.

FoundersDamien Marmion
Apps2 · 31k downloads

Every detail we hold

Everything the source datasets list about Niva Bupa, field by field. Contact details are held but never shown.

The company

Name
Niva Bupa
Type
For profit
Status
Private
Founded
2008
Founders
Damien Marmion
Industry
Insurance
Categories
Financial Services, Health Care, Health Insurance, Insurance, InsurTech
Specialities
Individual and Group Health Insurance

Where

City
New Delhi
Region
Delhi
Country
India
Markets
Asia-Pacific (APAC)

Size and reach

Staff band
5001-10000
People on LinkedIn
4,896
LinkedIn followers
78,456
Web traffic rank
#35,412
Monthly web visits
1,829,939
Apps
2
App downloads
30,952

Funding, as listed

Total
$8,908,000,000 USD
Rounds
2
Latest round
Private equity
Latest round date
Oct 2023
Latest amount
96,081,488 USD
Investors
4
Lead investors
1
Listing status
private

About this record

Sources
Crunchbase, LinkedIn
Last imported
Sept 2026

Growth, as the source summarises it

Niva Bupa may be growing as indicated by several financial transactions and strategic moves. The company has seen a significant stake sale, with Bupa acquiring a 20% stake from True North for Rs 2,700 crore, which suggests a consolidation of ownership and possibly an infusion of capital. Additionally, Niva Bupa is in the process of raising Rs 800 crore from investors including Motilal Oswal Alternate Investment, Temasek, and Paragon Partners, indicating investor confidence and capital for expansion. The company also has plans for an initial public offering to raise Rs 3,000 crore, which could further its growth trajectory. Furthermore, Niva Bupa has set a target to achieve a gross written premium of Rs 10,000 crore by FY27, showcasing an ambitious growth plan.

Summaries written by the source dataset, not by us, and not checked.

Companies like it

Insurance in India.

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From the company datasets we hold (Crunchbase, LinkedIn and Apollo listings), as listed there; 139,726 companies in India and 5,926,251 in all. We hold no contact details for public display. Correct this, or ask for it to be removed.