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

·        
24×7 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)