New Delhi, March 13 -- Vidal Health Insurance has announced the 100% acquisition of Vipul Medcorp Insurance. With this acquisition, Vipul Medcorp will merge into Vidal Health, to create one of the top three TPAs (Third Party Administrator) in the country. The acquisition will bring the entire Vipul Medcorp business under Vidal's Umbrella, Girish Rao, Chairman & Managing Director, Vidal Health said.

He shared, "The business synergies of VMC and Vidal Health are remarkable. Both businesses complement each other's strength in business verticals and geographical spread. We have been extremely successful in servicing customers across segments for nearly two decades. We are already the leaders in servicing govt schemes in many states across th...