InsurTech platform Baozhunniu bags $14m

Insurance platform Baozhunniu has reportedly bagged $14m for its Series B funding round, led by Marathon Venture Partners.

Other contributors to the round included Matrix Partners China, Xinyi Capital, Zhongguancun Dahe Capital, and GGV Capital, according to a report by DealStreetAsia.

The China-based company offers users insurance products including employer, sport, international education insurances.

Last year the company raised a $4m Series A funding round, which reportedly saw contributions from Matrix Partners and Xinyi Capital.

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