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Deal Corner

medi assist raksh

medi assist raksh

The Firm’s M&A and Private Equity team has recently acted for and advised Medi Assist Insurance TPA Private Limited (“Medi Assist”), in relation to its acquisition of 100% stake in Raksha Health Insurance TPA Private Limited (“Raksha”). Closing of the transaction is subject to receipt of regulatory approval and satisfaction of customary closing conditions.

Through this acquisition, Medi Assist hopes to grow its retail segment by 30%. It will help expand its presence in the North and West India and add around 3,000 corporates to its client portfolio. This transaction is the largest deal in India (by volume) in the insurance TPA industry/sector.

VASUDEV DIBBUR SAI MEGHANA KONDA

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The general public is hereby cautioned that certain unknown individuals have been trying to mislead the public by issuing emails / letters and other statement / correspondence by unauthorisedly using our Firm's name and logos i.e., Luthra and Luthra, Luthra and Luthra Law Offices, Luthra and Luthra Law Offices India, etc. whilst wrongfully claiming to be part of our Firm and making false claims and allegations. These individuals are also impersonating the Firm by creating fake email addresses and Facebook page while using the LUTHRA marks.

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In case anyone come across any such fraudulent activity, kindly report the same to our centralised email address at delhi@luthra.com so that appropriate action may be taken.

Luthra and Luthra Law Offices India

1st and 9th floor, Ashoka Estate,

24, Barakhamba Road,
New Delhi-110 001

Contact: delhi@luthra.com

T: +91 11 4121 5100

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