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ManipalCigna - About the company

ManipalCigna is an acquired company based in Mumbai (India), founded in 2012. It operates as a Provider of individual and family health insurance coverage plans. The company has 1286 active competitors, including 282 funded and 150 that have exited. Its top competitors include companies like Hinge Health, Oscar and Alan.

Company Details

Provider of individual and family health insurance coverage plans. The business offers various medical protection products, including plans for families, senior citizens, and individuals. These policies provide coverage for hospitalization, critical illnesses, and organ transplants. Policyholders gain access to a network of partner hospitals for cashless treatment services. The offerings include options for sum insured restoration, cumulative bonuses, and coverage for pre-existing conditions. Digital tools are available for managing policies, tracking claims, and accessing service requests.
Social
XFacebook
Phone Number
+91 **********
Registered Address
401/402, 4th Floor, Raheja Titanium, Western Express Highway, Goregaon(East), Mumbai City, MUMBAI, Maharashtra, India, 400063
Key Metrics
Founded Year
2012
Location
Mumbai, India
Stage
Acquired
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3,754 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Manipal Group (Jun 05, 2019)

ManipalCigna's acquisition details

ManipalCigna got acquired by Manipal Group on Jun 05, 2019.
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ManipalCigna's funding and investors

ManipalCigna has not raised any funding rounds yet.

ManipalCigna's founders and board of directors

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ManipalCigna's Board of Directors

ManipalCigna's board has 10 active members. Ranjan Ramdas Pai, Luis Miranda, Vaitheeswaran Seetharaman, Ashok Revathy, Shanker Annaswamy, Prasun Sikdar, Jason Dominic Sadler, Joydeep Saha and Jerome Droesch are part of team and Rajeev Chitrabhanu is independent board member.
Here is the list of ManipalCigna's board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
6y 9m
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Team
-
Current
3y 1m
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Team
-
Current
3y 7m
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Team
-
Current
4y 4m
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Team
-
Current
3y 2m
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Team
-
Current
6y 1m
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Team
-
Current
6y 6m
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Team
-
Current
8y 7m
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Team
-
Past
1y 2m
Independent board member
-
Current
10y 4m
pvkastr
Independent board member
-
Past
4y 5m
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Independent board member
-
Past
7y 4m
ktbentm
Independent board member
-
Past
6y 4m
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Independent board member
-
Past
1y 9m
gsk{cwb
Independent board member
-
Past
8y 1m

ManipalCigna's employee count trend

ManipalCigna has 3,754 employees as of May 26. The total employee count is 15.0% more than what it was in May 25. Here is ManipalCigna's employee count trend over the years:
Employee count trend for ManipalCigna
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ManipalCigna's Competitors and alternates

Top competitors of ManipalCigna include Hinge Health, Oscar and Alan. Here is the list of Top 10 competitors of ManipalCigna, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hinge Health
Hinge Health
2015, San Francisco (United States), Public
Provider of virtual physical therapy and digital pain care solutions
$854M
84/100
2nd
Logo for Oscar
Oscar
2012, New York City (United States), Public
Provider of health insurance plans offering virtual and in-person medical care
$1.63B
81/100
3rd
Logo for Alan
Alan
2016, Paris (France), Series G
Platform offering health insurance, preventative care, and related well-being services
$863M
81/100
4th
Logo for Ekincare
Ekincare
2015, Hyderabad (India), Series B
Provider of employee health benefits platform offering health and wellness programs
$28M
79/100
5th
Logo for Sharecare
Sharecare
2010, United States, Acquired
Provider of health and wellness social network for employees
$64M
79/100
6th
Logo for Castlight
Castlight
2008, San Francisco (United States), Acquired
Cloud-based healthcare information on providers and pricing for enterprises
$181M
76/100
7th
Logo for Wellhub
Wellhub
2012, New York City (United States), Series F
Cloud based corporate wellness program for employee health, productivity, and retention
$385M
75/100
8th
Logo for Optum
Optum
2008, Chennai (India), Acquired
Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services
-
75/100
9th
Logo for Sword Health
Sword Health
2015, New York (United States), Series E
Provider of AI-powered digital physical therapy and pelvic health solutions
$450M
75/100
10th
Logo for HealthEquity
HealthEquity
2002, Draper (United States), Public
Employee benefits management platform for individuals and businesses
$15.3M
74/100
47th
Logo for ManipalCigna
ManipalCigna
2012, Mumbai (India), Acquired
Provider of individual and family health insurance coverage plans
-
-
65/100
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ManipalCigna's Investments and acquisitions

ManipalCigna has made no investments or acquisitions yet.

Reports related to ManipalCigna

Here is the latest report on ManipalCigna's sector:

News related to ManipalCigna

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Media has covered ManipalCigna for a total of 4 events in the last 1 year, 1 of them has been about company updates.
•
Manipal Group Bids To Takeover BYJU’SInc42•Nov 06, 2025•Manipal Group, BYJU'S, ManipalCigna
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