Medi Assist Healthcare Services Limited entered into a definitive agreement to acquire Raksha Health Insurance Tpa Private Limited from Naresh Trehan, Nitasha Nanda, Nikhil Nanda on March 22, 2023. Medi Assist Insurance TPA will fund the transaction from internal accruals and completion of the transaction is subject to regulatory approvals and pending customary closing conditions. Vasudev Dibbur of L&L Partners acted as legal advisor to Medi Assist.