Onsurity
Onsurity is an India-based employee healthcare platform offering monthly subscription group health insurance, wellness benefits, and business insurance products (Cyber, D&O, CGL) to SMEs, MSMEs, startups, and growing businesses, serving over 10,000 businesses and 2 million+ lives across India.
- Company typePrivate
- Founded2020
- HeadquartersBengaluru, India
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Onsurity does
Onsurity is an India-based employee healthcare and benefits platform, headquartered in Bengaluru, that delivers subscription-based group health insurance, wellness services, and a growing suite of business insurance products to SMEs, MSMEs, startups, and growing businesses. Founded in 2020, the company distinguishes itself with a monthly pay-as-you-go pricing model (minimum 3 employees) versus traditional annual group insurance typically requiring 20+ employees, and serves over 10,000 businesses and 2 million+ lives across 26 Indian states and 3 union territories.
The platform is built on a cloud-based SaaS architecture comprising the Onsurity Super App (employee-facing mobile application for claims, e-health cards, doctor consultations, wellness sessions, and cashless hospital access) and the Teamsure Dashboard (HR-facing web tool for onboarding, offboarding, payments, claims, and member administration). Core insurance products include tiered Group Health Insurance (Onyx, Opal, Ruby, Jade tiers with sum insured up to ₹5 Lakhs), Group Term Life Insurance, and Group Personal Accident Cover. Under the Onsurity Plus / SureBiz sub-brand, the company distributes Cyber Insurance, Directors & Officers Liability Insurance, Commercial General Liability Insurance, Asset Insurance, and Workmen Compensation Policy. Distribution of insurance products is conducted through wholly-owned subsidiary Atmanirbhar Suraksha Insurance Private Limited, which holds IRDAI Corporate Agent license CA0836. The technology stack includes a Snowflake data partnership for governance and scalability, and the platform integrates with wellness providers such as Amaha (mental health), Cultfit/FITPASS (fitness), and Sabka Dentist/Clove Dental, with cashless access to 10,000+ network hospitals.
Commercially, Onsurity operates a hybrid go-to-market combining direct sales for mid-market accounts, self-serve digital onboarding via the app and dashboard, and a growing channel partner network that includes DBS Bank India (cyberSure), Visa, Jupiter Money, BSE, Startupwala, and Magicpin. Revenue is generated from monthly per-seat subscriptions on active employee headcount, commissions as a corporate agent distributing partner insurer products, and add-on premiums for SureBiz commercial lines. The company has raised approximately $87M cumulatively across a Series A led by Quona Capital (2021), a Series B led by IFC (2023) with an extension led by Creaegis (2024), and a Series B1 led by Creaegis in March 2025, with a reported valuation of ₹1,140 crore (~US$136M) per 2026 cap-table data.
Onsurity firmographics
Firmographics- Name
- Onsurity
- Legal name
- Onsurity Technologies Private Limited
- Website
- https://onsurity.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Onsurity is an India-based employee healthcare platform offering monthly subscription group health insurance, wellness benefits, and business insurance products (Cyber, D&O, CGL) to SMEs, MSMEs, startups, and growing businesses, serving over 10,000 businesses and 2 million+ lives across India.
- Ownership category
- akta.pro rank
Onsurity industry classification
Industry- Product category
- Employee Healthcare and Group Insurance
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Chronic Condition Management & Remote Monitoring (e.g., diabetes, HTN) (HLALADAD)
- akta.pro secondary industry
- Employer/Member Engagement Platforms for Provider-Sponsored Plans (HLACAEAM)
Keywords
Where Onsurity is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Onsurity business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Monthly Healthcare Subscriptions: Subscription-based monthly pay-as-you-go model for employee healthcare benefits including group health insurance, wellness services, doctor consultations, lab tests, and fitness memberships. Companies pay based on active employee headcount with flexible monthly billing.
- Group Insurance Products: Revenue from group health insurance, group term life insurance, group personal accident cover, cyber insurance, D&O insurance, commercial general liability insurance, asset insurance, and workmen compensation policy sold as add-on products to the core subscription.
- Corporate Agent Licensing: Onsurity acts as a corporate agent (IRDAI Corporate Agent Registration Number: CA0836) distributing insurance products from partner insurers, earning commissions on policies sold through their platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Wellness plans starting at ₹145/month for comprehensive employee healthcare |
| Subscription | Annual | Cyber Insurance starting at ₹50,000/year for ₹1 crore coverage |
| Subscription | Annual | D&O Liability Insurance at ₹10,000/year |
| Subscription | Annual | Commercial General Liability Insurance at ₹15,000/year |
| Subscription | Annual | Workmen Compensation Insurance starting at ₹4,000/year |
| Per seat | Monthly | Group Health Insurance tiers - Onyx, Opal, Ruby, Jade with sum insured from ₹2 Lakhs to ₹5 Lakhs |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels10 records
Onsurity product offering
Product offeringCore offering
Onsurity provides a monthly subscription-based employee healthcare and benefits platform for Indian SMEs, MSMEs, startups, and growing businesses, bundling group health insurance, group term life insurance, group personal accident cover, and a suite of wellness services (doctor consultations, lab tests, fitness, dental, mental health) into one membership. It also distributes SME business insurance products (Cyber, D&O, Commercial General Liability, Asset, Workmen Compensation) under the SureBiz brand, all administered through the Onsurity Super App and Teamsure HR dashboard.
Product overview
Onsurity is a monthly subscription-based employee healthcare and wellness platform offering comprehensive coverage for SMEs, MSMEs, startups, and growing businesses. The platform operates on a subscription model requiring minimum 3 employees with no medical check-up required. The core product portfolio includes Group Health Insurance (with Onyx, Opal, Ruby, and Jade tiered plans), Group Term Life Insurance, and Group Personal Accident Cover, all managed through the Onsurity Super App (for employees) and Teamsure Dashboard (for HRs). The SureBiz brand extends the offering to business insurance products including Cyber Insurance, Directors' & Officers' Liability Insurance, Commercial General Liability Insurance, Asset Insurance, and Workmen Compensation Policy. Wellness add-ons include mental health support, dental care, fitness memberships, and nutrition planning. The platform serves over 10,000 businesses and 2 million+ lives across India.
Differentiator
Problem solved
Functional benefit
Brands
- Onsurity Plus: Business insurance products including Cyber Insurance, Directors & Officers Liability Insurance, Commercial General Liability Insurance, Asset Insurance, and Workmen Compensation Policy for SMEs.
- SureBiz
- Onsurity Super App
- Teamsure
- InternShield
- cyberSure
Products and services
- Onsurity Super App
Quantifiable outcome
- Companies can activate GHI and GPA coverage for distributed workforce in just one day
- +4 more outcomes
Companies that use Onsurity
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles3 records
Onsurity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
Onsurity partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- SnowflakecoreOnsurity partnered with Snowflake to address data scalability and governance issues for SMEs and startups. The partnership enables Onsurity to leverage Snowflake's data cloud platform for better data infrastructure supporting insurance operations.
- Jupiter MoneyminorJupiter Money (neobank) tied up with Onsurity to provide affordable healthcare solutions to SMB customers. Leverages fintech's digital-first approach to reach underserved SME market.
- DBS Bank IndiacoreOnsurity and DBS Bank India partnered to strengthen cybersecurity for SMEs through the cyberSure product. DBS leverages its SME customer base to distribute Onsurity's cyber insurance products, while Onsurity provides the insurance coverage and claims support.
- BSEminorBSE (Bombay Stock Exchange) partnered with Onsurity to help MSMEs with listing and healthcare benefits. Targets growth-stage companies needing both capital market access and employee benefits.
- PM Internship Scheme (Government)minorOnsurity launched InternShield aligning with PM's internship scheme to support interns with healthcare coverage. Partnership addresses the growing intern workforce with tailored insurance products.
- MagicpinminorOnsurity collaborated with Magicpin to provide its merchant partners with healthcare membership including ₹1 lakh health insurance coverage. Magicpin's merchant network gains access to Onsurity's employee healthcare products.
- StartupwalaminorOnsurity partnered with Startupwala to provide affordable healthcare solutions to startup ecosystem. Startupwala provides business services to startups and integrates Onsurity's healthcare offerings.
- VisacoreOnsurity partnered with Visa to provide subscription-based health programs for employees of SME partners. Leverages Visa's extensive network of SME merchants and business relationships for distribution of healthcare membership plans.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Onsurity competitors and assessment
Company assessmentBroad incumbents
- ManipalCigna Health Insurance: Joint-venture health insurer in India offering group and individual health plans — competes with Onsurity on group health distribution, with a broader product portfolio but less digital-native SMB focus.
- Niva Bupa Health Insurance: One of India's largest standalone health insurance carriers (formerly Max Bupa), selling group and retail health policies — competes with Onsurity's group health insurance offering as a direct carrier, though without the insurtech digital experience.
- Star Health & Allied Insurance: Leading Indian health and personal accident insurer with a substantial group health book — competes with Onsurity on the group health insurance product line as a traditional carrier with a wide hospital network.
- Acko General Insurance: India's first digital-native general insurer offering health, motor, and other lines, including group health products for employers — overlaps with Onsurity's digital-first employer group health and benefits distribution.
- Care Health Insurance: Indian health insurance carrier (formerly Religare Health Insurance) with a substantial group and retail health portfolio — competes with Onsurity as a carrier partner and as a direct group health provider.
Direct peers
- Plum: India-based B2B employee health insurance and group benefits platform serving SMEs and startups — the most direct head-to-head competitor, with a similar group health, life, and accident portfolio plus a digital onboarding experience.
- Loop Health: Indian employer-sponsored health benefits startup offering group health insurance, OPD, and wellness services to SMBs — overlaps almost entirely with Onsurity's target customer, product mix, and digital-first distribution motion.
- Pazcare: India-focused employee wellness and group insurance platform for SMEs and startups, offering health, life, and personal accident cover through an online-first experience — direct overlap with Onsurity's core SME subscription business.
- MediBuddy: Large Indian digital healthcare platform offering teleconsultations, lab tests, medicine delivery, and corporate wellness programs — overlaps with Onsurity's Super App wellness and teleconsultation features, especially for the employer-sponsored channel.
Emerging players
- Kenko Health: Subscription-based health and wellness plan provider in India covering doctor consultations, labs, and medicines — partial overlap with Onsurity's wellness subscription layer, though more consumer/DTC than employer-led.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Onsurity social profiles
Digital presenceOnsurity compliance and trust
Trust signalCompliance1 record
Onsurity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Onsurity leadership team
Management profileNumber of profiles
Profiles5 records
Onsurity subsidiaries and ownership
Company hierarchySubsidiaries1 record
Onsurity funding detail
Funding detailFunding overview
Funding rounds6 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Onsurity M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Onsurity
What does Onsurity do?
Onsurity provides a monthly subscription-based employee healthcare and benefits platform for Indian SMEs, MSMEs, startups, and growing businesses, bundling group health insurance, group term life insurance, group personal accident cover, and a suite of wellness services (doctor consultations, lab tests, fitness, dental, mental health) into one membership. It also distributes SME business insurance products (Cyber, D&O, Commercial General Liability, Asset, Workmen Compensation) under the SureBiz brand, all administered through the Onsurity Super App and Teamsure HR dashboard.
Is Onsurity a public or private company?
Onsurity is a private company. It is classified as venture growth investor backed and is currently operating.
When was Onsurity founded?
Onsurity was founded in 2020. It employs 251 to 500 people.
Where is Onsurity based?
Onsurity is headquartered in Bengaluru, India, in the Asia region.
How does Onsurity make money?
Three revenue lines are on record. Monthly Healthcare Subscriptions are the primary driver. The others are group Insurance Products and corporate Agent Licensing.
Who are Onsurity's main competitors?
Broad incumbents on record are ManipalCigna Health Insurance, Niva Bupa Health Insurance, Star Health & Allied Insurance, Acko General Insurance and Care Health Insurance. Direct peers are Plum, Loop Health, Pazcare and MediBuddy. Kenko Health is listed as an emerging player.
Does Onsurity have an API?
No public API is recorded for Onsurity.
What industry is Onsurity in?
Onsurity's product category is Employee Healthcare and Group Insurance. Its primary akta.pro industry code is HLALADAD, Chronic Condition Management & Remote Monitoring (e.g., diabetes, HTN), with a secondary code of HLACAEAM, Employer/Member Engagement Platforms for Provider-Sponsored Plans. Its NAICS code is 524210 and its SIC code is 6411.