Insurtech Startup Bimaplan Gets $3.5 Mn Funding Boost to Improve Technology Stack, Expand Product Portfolio, More
Bimaplan, a Y-Combinator-backed insurtech startup, has made headlines by raising $3.5 million (Rs 29 crore) in a pre-Series A funding round. The funding round was led by Orios Venture Partners and saw participation from existing investors Finsight Ventures and 2am VC. As per the startup, the freshly raised funds will […]
Insurtech Startup RenewBuy Raises $40 Million In Ongoing Series D Round
RenewBuy, a Gurugram-based insurtech startup operated by D2C Insurance Broking Pvt Ltd, has raised $40 million (Rs 328 crore) in an ongoing Series D funding round from Japanese life insurance firm Dai-ichi Life Holdings. This investment round is part of the company’s ongoing Series D fundraise, which is attracting interest […]
Insurtech Startup Covrzy Raises Rs 3.2 Cr In Pre-Seed Funding
Covrzy, a Bengaluru-based insurtech startup, has raised $386,438 (around Rs 3.2 crore) in a pre-seed funding round led by Antler, with participation from Veda VC. As per the startup, the freshly raised funds will be used to develop its technology stack and hire talent. Covrzy | Simplifying Business Insurance Founded […]
Insurtech Startup Ensuredit Raises Fresh Funding Led By Cover Genius
Ensuredit, a Gurugram and Bengaluru-based insurtech startup, has raised $4.2 million in a pre-Series A funding round led by Cover Genius, a US-based insurtech firm for embedded insurance. Leading investors such as 9Unicorns, NexStep Discovery, CP Ventures, Venture Catalysts, and IPV also participated in the latest round. As per the […]
Digital Insurance Startup Acko In Talks To Raise Fresh Funding Round
Acko, a Bengaluru-based digital insurance startup, is in late-stage discussions to raise a new round from new and existing investors with over 2X premium in its valuation. First reported by Entrackr, citing three sources, this would be Acko’s maiden round in 2022. The Bengaluru-based digital insurance startup will be valued […]
Insurtech Startup Turtlemint Raises $120 Million In Series E Funding
Turtlemint, an insurtech startup, has raised $120 million in its Series E funding round led by Amansa Capital, Jungle Ventures and Nexus Venture Partners. The funding round also saw participation from new backers- Vitruvian Partners and Marshall Wace, along with other existing investors.  As per the startup, the freshly raised […]
InsurTech Startup SecureNow Raises $6 Million In Funding
SecureNow, a tech-enabled insurance broker, has raised $6 million (around Rs 45 crore) from Apis Insurtech Fund I, managed by Apis Partners LLP, and Charan Singh, Founder of SelectQuote Inc. As per the startup, the freshly raised capital will be used to develop the platform further, bundle value-added services for […]
Insurtech Startup RenewBuy Closes Series C Round With Additional $10M Funding
RenewBuy, a Gurugram-based insurtech startup, has raised an additional $10 million in its Series C round from India-focused private equity platform Evolvence Capital (Evolvence India Fund). As per the startup, RenewBuy will use the funds to double down on technology to provide a greater digital experience to the consumers through […]
Capital Float Owned Walnut Partners With InsurTech Startup Riskcovry
Walnut, a money management platform owned by Capital Float, has partnered with B2B2C InsurTech startup Riskcovry to facilitate insurance to its customers. Both startups are determined to help reduce the protection gap existing in India by increasing accessibility to insurance products. As per Walnut, the new offering, called ‘Walnut Protect’ […]
Mumbai Based Online Insurance Platform Turtlemint Raises $30 Million Funding
Turtlemint, a Mumbai-based online insurance platform, has raised $30 million (Rs 225 crore) in a new funding round led by GGV Capital. Existing investors, including Sequoia Capital India, Nexus Venture Partners, Dream Incubator, Blume Ventures, and Trifecta Capital, participated in the round. The round also saw the participation of some […]