Star Health and Allied Insurance Listed
India's first standalone health insurer, founded in 2006 in Chennai by Venkatasamy Jagannathan, launched as a joint venture with the Oman Insurance Company, RP-Sanjiv Goenka Group, Apollo Hospitals Group and the Inyan Group. In August 2018 a consortium of WestBridge Capital, Rakesh Jhunjhunwala and Madison Capital (via vehicle Safecrop Holdings) became the controlling shareholder in a deal reported at roughly…
Valuation
Returns
Per share
Growth · year on year
Ownership
Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.
How this score is calculated
| Measure | Value | Scores | Source |
|---|---|---|---|
| P/E What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall. |
40.60 | 25/100 | Market data |
| P/B Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons. |
3.38 | 50/100 | Market data |
| ROE Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business. |
7.62 | 25/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
9.70 | 25/100 | Market data |
| Profit growth Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do. |
-13.76 | 0/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
-7.81 | 0/100 | Market data |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
58.01 | 100/100 | Market data |
The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.
Star Health and Allied Insurance: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 3 Jun 2021 | Series F | ₹1,200 Cr (~$163.7 Mn) | GIC Capital Group | source |
| Sep 2016 ~ | Private Equity | Undisclosed | Apis Partners ICICI Venture | source |
| 31 Mar 2010 | Series B | ~$100 Mn (reported) | ICICI Venture Carlyle Group Sequoia Capital India | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 1 Aug 2018 | Safecrop Holdings | Star Health and Allied Insurance | ~$1 Billion (reported) | source |
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Who founded Star Health and Allied Insurance?
Star Health and Allied Insurance was founded by Venkatasamy Jagannathan in 2006.
How much funding has Star Health and Allied Insurance raised?
Star Health and Allied Insurance has raised $263.7 Mn across 3 tracked funding round(s), most recently on 2021-06-03. Figures are compiled from cited public sources.
Who are the investors in Star Health and Allied Insurance?
Investors in Star Health and Allied Insurance include GIC, Capital Group, Apis Partners, ICICI Venture, Carlyle Group, Sequoia Capital India.
What does Star Health and Allied Insurance do?
India's first standalone health insurer, founded in 2006 in Chennai by Venkatasamy Jagannathan, launched as a joint venture with the Oman Insurance Company, RP-Sanjiv Goenka Group, Apollo Hospitals Group and the Inyan Group. In August 2018 a consortium of WestBridge Capital, Rakesh Jhunjhunwala and Madison…
Where is Star Health and Allied Insurance headquartered?
Star Health and Allied Insurance is headquartered in Chennai, Tamil Nadu, India.
What is Star Health and Allied Insurance's business model?
Star Health and Allied Insurance's core value proposition centers on Dedicated, affordable, quality health insurance, Wellness and digital health tools.
How does Star Health and Allied Insurance make money?
Star Health and Allied Insurance's cited revenue streams include Health insurance premiums (Gross Written Premium).