Skip to main content

news

 

Saraf and Partners has guided Indian Insurtech unicorn Acko on its acquisition of digital chronic care management company OneCare, part of the former’s efforts to build a comprehensive digital healthcare ecosystem.

While the financials of the deal were not disclosed, OneCare was valued at $1.4 billion in July after its recent $598 million fundraise.

Founded in 2021, OneCare has developed a unique omnichannel care model that combines advanced wearables, data-driven insights, and the accessibility of both physical clinics and virtual care teams.

The transaction is a strategic move to re-emphasize Acko’s broader vision of being a comprehensive healthcare provider to its customers, going beyond the insurance services.

Saraf senior partner Vaibhav Kakkar and partner Sahil Arora led the team advising Acko on the deal.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

Trilegal, AZB act on Akasa Air’s latest fundraise led by Premji Invest

by Nimitt Dixit |

Trilegal has advised Akasa Air on its latest fundraise led by Premji Invest, Claypond Capital, and 360 ONE, which were all represented by AZB & Partners in separate mandates.

Deals

Trilegal, Touchstone, CAM act on Carlyle’s $400 mln entry into India auto-components space

by Nimitt Dixit |

Trilegal has advised global private equity firm Carlyle on its acquisition of majority stakes in Highway Industries (HIL) and Roop Automotives for $400 million, marking its entry into India's auto components sector through a new manufacturing platform.

Deals

JSA, CAM, Khaitan act on $2.3 bln Ayana Renewable sale

by Nimitt Dixit |

Indian law firm JSA Advocates & Solicitors has advised ONGC NTPC Green on its $2.3 billion acquisition of Ayana Renewable Power from National Investment and Infrastructure Fund (NIIF), British International Investment and private equity firm Eversource Capital.