Medi Assist Shares Surge 6.2% After Star Health Onboards AI-Powered Claims Platform
By Ankur Chandra | Updated at: Jan 19, 2026 10:01 AM IST
Bengaluru, June 25, 2025 — Shares of Medi Assist Healthcare Services Ltd (NSE: MEDIASSIST) rose sharply by 6.22% to ₹504.10 in early trading today following the announcement of a significant partnership with Star Health and Allied Insurance Company. The insurer has signed a Master Services Agreement to adopt Medi Assist’s advanced AI-based claims platform, MAtrix.
Stock Performance and Market Data
| Metric | Value |
|---|---|
| Last Traded Price | ₹504.10 |
| Previous Close | ₹474.60 |
| Opening Price | ₹490.00 |
| Day’s High / Low | ₹505.90 / ₹490.00 |
| Volume Weighted Avg. Price | ₹500.17 |
| Total Traded Volume | 1.28 lakh shares |
| Total Traded Value | ₹6.42 crore |
| Buy Quantity | 83,229 shares |
| Sell Quantity | 33,353 shares |
| Market Capitalisation | ₹3,555.83 crore |
| Free Float Market Cap | ₹2,631.59 crore |
SEBI-Compliant Corporate Disclosure
In a filing with the National Stock Exchange and BSE, Medi Assist stated that Star Health has formally adopted the company’s proprietary MAtrix platform to digitally transform its health claims processing. The filing was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The MAtrix platform is an AI-enabled, rules-driven engine designed to deliver faster, standardized, and fraud-resistant claims management. This collaboration marks a major digital push in India’s health insurance sector.
Executive Commentary
Anand Roy, Managing Director & CEO of Star Health and Allied Insurance, stated: “This partnership is a key milestone in our journey to build a more agile and technology-driven claims ecosystem. By reducing manual interventions and standardising processes, we aim to strengthen efficiency and reinforce trust with our policyholders.”
Satish Gidugu, CEO of Medi Assist, added, “We are excited to collaborate on this transformative journey. This partnership is set to redefine industry standards in technology-driven insurance operations.”
Strategic and Digital Benefits
- AI co-pilot support and rules-based adjudication will assist claims teams in making faster and more informed decisions.
- Integration with omnichannel platforms, including WhatsApp and mobile apps.
- Real-time data exchange via secure APIs aligned with the National Health Claims Exchange (NHCX).
This move aligns with Medi Assist’s strategy to scale its digital health infrastructure and strengthens its positioning in India’s growing health tech ecosystem.
Medi Assist Healthcare Services Stock Performance
On June 25, 2025, at 3:21 PM IST, Medi Assist Healthcare Services shares are trading at ₹493.60 or up ₹19. This is a 4% surge from the previous close. Medi Assist Healthcare Services shares have declined 16% over the last year, 19% year-to-date, and 2.63% in the previous month.
About Medi Assist Healthcare Services
Medi Assist Healthcare Services Ltd, listed on NSE and BSE, is a leading health benefits administrator offering services to insurers, corporates, and public health schemes. Through its MAtrix platform and subsidiaries, it serves as a digital backbone for India’s health insurance claims ecosystem. The company was listed on January 23, 2024, and operates under the NIFTY IPO index. Its core industry classification is “Insurance Distributors.”
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