Old Bridge Mutual Fund increased its stake in Medi Assist Healthcare Services Limited from 1.42% to 2.28%, acquiring 644,952 additional shares. The total holding of the fund is now 1,703,565 shares.
A health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes across India. Medi Assist Healthcare Services primarily serves insurance companies by administering comprehensive health benefit programs, claims processing, and related services. Incorporated in June 2000, the company specializes in bridging healthcare providers and insurers through technology-driven solutions and operational expertise in the health benefits management sector.
Founded by Kenneth Andrade, former CIO of IDFC Mutual Fund and one of India's best-known bottom-up stock pickers. Manages over Rs 10,000 crore with a concentrated focus on emerging business leaders in underinvested sectors. Old Bridge follows a forensic accounting and capital efficiency framework to find businesses with durable competitive advantages before they get discovered by consensus.