The Company was incorporated on June 7, 2000, as a private limited company under the Companies Act 1956, with the name ÂNet Logistics Private LimitedÂ, pursuant to a certificate of incorporation granted by the RoC. Subsequently, the name of our Company was changed to ÂMedi Assist Healthcare Services Private Limited with a fresh certificate of incorporation granted by the Registrar of Companies, Karnataka at Bengaluru on November 21, 2012. Pursuant to the conversion of our Company to a public limited company and as approved by our Shareholders pursuant to a special resolution dated February 27, 2018, the name of our Company was changed to ÂMedi Assist Healthcare Services LimitedÂ, and the Registrar of Companies, Karnataka at Bengaluru issued a fresh certificate of incorporation on March 20, 2018.
Major events and milestones:
2000
-Incorporation of the Company
2002
-Registration of Medi Assist TPA as a third party administrator with IRDAI
2010
-Medimatter Health acquired stake in our Company from Reliance Capital Limited and Medybiz Private Limited
2011
-Investment by Bessemer Health in our Company
-Acquisition of 100.00 % of the paid up equity share capital of Medi Assist TPA by the Company
2013
-Investment by Investcorp Private Equity Fund I
2016
-Medi Assist TPA acquired DHS
2018
-MSPL amalgamated its business and operations in the Company
-Medi Assist TPA acquired Medicare Insurance TPA Services (India) Private Limited on a slump sale basis
2019
-Demerger of the consumer facing health and wellness division of our Company into Mandala
2022
-Acquisition of IHMS by our Company
-Acquisition of Mayfair India by the Company
-Acquisition of Mayfair UK by the Company
2023
-Acquisition of Medvantage TPA by Medi Assist TPA
-Acquisition of Raksha TPA by Medi Assist TPA
2024
-Acquisition of Paramount Health Services & Insurance TPA
-Merger of Medvantage Insurance TPA Private Limited with Medi Assist Insurance TPA Private Limited
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