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The Yarn Bazaar partners with Onsurity

Sep 23, 2021
The Yarn Bazaar partners with Onsurity

Onsurity, India’s first tech-enabled employee healthcare platform for emerging businesses, and The Yarn Bazaar (a renowned B2B marketplace for textile and yarn merchants) have partnered together with The Yarn Bazaar sponsoring a healthcare membership program for The Yarn Bazaar partners. This program will allow The Yarn Bazaar’s partners and their employees to access a healthcare membership sponsored by The Yarn Bazaar. The plan gives The Yarn Bazaar partners access to with significant discounts on teleconsultations and medicines along with group health insurance with sum insured of Rs 1 lakh (Covid and non-Covid expenses), accidental insurance up to Rs 3 lakhs.

 

The Indian textiles and apparel industry employs over 4 crore people across the country. The people associated are facing the grim of the pandemic with no financial aid whatsoever. When resorting to loans to meet healthcare needs the work forces in this sector are pushed deeper into debt, with no way out. The Yarn Bazaar hence wants to change this scenario for people working in the textile industry.

 

The Yarn Bazaar recognizes the issue that the textile industry requires intense labour, and most companies and clusters have migrant workers. Almost 95% of these employees have no access to health benefits. As industry experts, The Yarn Bazaar believes they must solve this issue with an impactful activation/initiation. With the vision of improving the lives of the people in this sector, Pratik Gadia CEO, Founder - The Yarn Bazaar says “At The Yarn Bazaar, we feel that it is extremely important to have the team covered under a comprehensive health membership especially during COVID times and hence we have partnered with Onsurity to provide it to our users. We feel this is the least any company can do and should do.”

 

Shekhar Shaktawat, Director, Strategic Partnerships at Onsurity adds in, “Onsurity is thrilled to work with The Yarn Bazaar as they too envision executing our mission to facilitate comprehensive affordable healthcare benefits. Just like The Yarn Bazaar we are a technology-led company with a flexible program with monthly memberships having built an onboard journey for The Yarn Bazaar partners and other SMEs seamlessly ensuring their teams have access to relevant healthcare and wellness.”

 

The comprehensive healthcare membership facilitated by Onsurity, is one more step in this direction — a step that hopes to accord peace of mind to The Yarn Bazaar’s partners, their staff and even extend it to their families.

 

The healthcare program offers merchant partners and their employees several features. Some of these include:

·         Up to 65% off on lab tests, 20% off on telemedicine and complimentary doctor consultations

·         Group Health insurance up to Rs 1 lakh for Covid-related, as well as non-Covid expenses, including

·         hospitalization expenses and ambulance charges

·         Accidental insurance up to Rs 3 lakh

·         Hospital admission support and Query management

·         Offers on fitness and wellness programs

·         24x7 availability of doctors

 

In these times of complete uncertainty, Onsurity’s free healthcare membership will offer a small piece of relief to The Yarn Bazaar partners and their staff by providing this membership. Because Onsurity is the trusted healthcare partner for 1000s of SMEs.

 

About Onsurity:

Onsurity is a Healthcare company – opening the doors to “employee healthcare” by providing SMEs and startups and small businesses, technology-oriented solutions. With the aim of democratizing technology, they are giving everyone, from entrepreneurs to small businessmen, a chance to ensure their teams have access to the best of healthcare with their simple and affordable products. Since their product launch in July 2020, they have onboarded over 1200+ companies, providing healthcare to over 85,000+ members, many of whom did not have access to healthcare prior. Onsurity has partnered with the likes of Jupiter Money, Pantaloons, Zolo Stays, Magicpin, Webengage, Whitehat Jr., Park+, Pureplay among others. To know more about Onsurity check www.onsurity.com

 

About The Yarn Bazaar:

The Yarn Bazaar is a Holistic B2B Online Marketplace for Yarn. They enable textile companies to buy and sell yarn more efficiently. Since starting operations in July 2019, they have done a business worth over 185 crores, all on 100% advance payment, in an industry which is accustomed to 60-150 days of credit. They enable a yarn seller to increase their reach/sales and lead to better margins & lower their credit receivables. While a yarn buyer can reduce their raw material & procurement costs. Know more about us check www.theyarnbazaar.com

 

(This article is a "Communication" provided by the management of the company)