Niva Bupa Health Insurance Company Limited (Formerly known as MAX Bupa) is an Indian health insurance company, founded in 2008. It is headquartered in New Delhi, India. It started as a joint venture between Max India Limited and Bupa, the UK-based international healthcare group. Since early 2019, Max Bupa has been a joint venture between Bupa and private equity firm True North, when Max India sold its entire stake to True North. The company has a paid-up capital of ₹926 crores (US$120 million). The company is regulated by the Insurance Regulatory and Development Authority of India (IRDAI) Niva Bupa Health Insurance was founded in 2008 as a joint venture between Max India and Bupa and started operations in 2010. In Jun 2011, it integrated with Insurance Regulatory and Development Authority's Integrated Grievance Management System in real-time, which made the company the first health insurance company in India to have such a system.
| Industry | Segment | Investment | Franchise Fee | Space | Expected No of Hours / month | Expansion Location/s |
|---|---|---|---|---|---|---|
| Financial Service Franchise | Financing,Loans,Funding ,Advisors,Brokers | Rs. No Investment | Rs. No Investment | Less than 250 | Less than 10hrs | 5 places |
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