Startup Funding Tracker

FlashAid funding, investors and company details

FlashAid is an emerging Insurance startup from Mumbai, working in the space of HealthTech / InsurTech (Healthcare financing & embedded health solutions). Founded by Manoj Gupta, Gunjali Kothari.

  • Company: LifeBox Technologies Private Limited
  • Sector: Insurance
  • Location: Mumbai
  • Founders: Manoj Gupta, Gunjali Kothari
  • Total funding raised: ₹20.86 Cr

Company overview

Flashaid is a healthcare and insurtech startup that provides full-stack, technology-driven health solutions aimed at making healthcare and health insurance more accessible and affordable. The company operates through an API-first platform, enabling seamless integration of health coverage products into digital platforms, thereby simplifying how users access and purchase healthcare services. Flashaid’s core business model revolves around offering embedded health insurance and care solutions through partnerships with insurance companies, e-commerce platforms, and other digital service providers. It creates proprietary, pre-underwritten health products and distributes them via a B2B2C model, allowing businesses to offer healthcare coverage directly to their customers. This approach reduces dependency on traditional agent-led insurance distribution and improves accessibility for a wider population. The platform also acts as a bridge between patients, insurers, and healthcare providers, delivering services such as hospitalization coverage, preventive care, and in some cases in-home healthcare solutions. By leveraging technology, Flashaid streamlines onboarding, policy management, and claims processes, making healthcare interactions more efficient and user-friendly. Overall, Flashaid’s business is focused on democratizing healthcare access in India by lowering costs, improving distribution, and embedding health coverage into everyday digital ecosystems. Its goal is to expand health insurance penetration, especially among underserved and digitally active populations, through scalable and tech-enabled solutions.

Funding rounds

  • Latest round (Pre Series A): $ 2.50 Mn (₹20.86 Cr.), 2024-04-25. Investors: Piper Serica Angel Fund, SOSV, ZNL Growth, z21 Ventures