Active Stocks
Fri Sep 22 2023 15:58:38
  1. Tata Steel share price
  2. 126.7 -0.86%
  1. HDFC Bank share price
  2. 1,529.2 -1.57%
  1. State Bank Of India share price
  2. 598.1 1.67%
  1. Power Grid Corporation Of India share price
  2. 199.1 -1.34%
  1. Tata Motors share price
  2. 621.1 -0.93%
Business News/ Companies / News/  Bajaj Finserv forays into healthtech

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.

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Gopika Gopakumar
Gopika Gopakumar has worked for over 15 years as a banking journalist across print and television media. Her expertise lies in breaking big corporate stories and producing news based TV shows. She was part of the 2013 IMF Journalism Fellowship Program where she covered the Annual & Spring meetings of the International Monetary Fund in Washington D.C. She started her career with CNBC-TV18, where she also produced a news feature show called Indianomics and an award winning show on business stories from South India called Up South. She joined Mint in 2016.
Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Updated: 23 Sep 2020, 07:06 AM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App