Niva Bupa Health Insurance Company Ltd. (formerly known was 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.
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 business, 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 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. For us,
is not just an annual
transaction. Rather, it is about building a long-term relationship with our
customers.
Investor Update
Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance) was previously a Joint venture of 2 promoter entities – Max India Limited and Bupa Singapore Holdings Pte. Limited till December 15, 2019.
With effect from December 16, 2019 Max India Limited has exited the Max Bupa JV and shares have been transferred to Fettle tone LLP (and affiliate of True North Fund VI LLP), a leading Indian Private equity firm. Bupa continues as the second JV partner.
Promoters
Niva Bupa has been formed through a joint venture between True North, a leading Indian private equity firm, and the UK based healthcare services expert, Bupa brings in rich experience in providing health and care to over 29 million customers in more than 190 countries.
Link :-https://transaction.nivabupa.com/Pages/index.aspx