New Delhi, Aug. 24 -- Artificial intelligence-based health, fitness and weight-loss startup Healthify has merged with New York-based dietitian-reimbursement platform Berry Street in an all-stock deal, according to a top executive, effectively making it a US company, with the India business now a subsidiary.

"We've been trying to scale the US mountain for about 18 months now, and we realized that the biggest hurdle was insurance, i.e., using insurance to reimburse a dietitian's time," Tushar Vashisht, founder of Healthify, said in an interview with Mint. "We realized that while Berry Street has an AI gap, we have an insurance gap, hence the merger."

Vashisht declined to comment on specific contours of the deal.

In the US, the company wi...