Tag: India

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

Vetina Healthcare launches its pet insurance platform Pawtect in India

Vetina Healthcare, a developer of animal healthcare products, has launched Pawtect in India to offer medical cover for dogs.

Riskcovry closes pre-series A round on INR 9.3 crore ($1.2m)

Digital Insurance platform Riskcovry has reportedly closed its pre-Series A round on INR 9.3 crore ($1.2m).

MetaMorphoSys Technologies said to raise pre-Series A funding round

Indian InsurTech platform MetaMorphoSys Technologies has reportedly raised a pre-Series A funding round, which was led by Good Capital.

CoverFox said to raise round which values the business at $227m

Digital insurance broker CoverFox has reportedly raised INR 300m ($3.9m) in a funding round which values the InsurTech at around INR 17.3bn ($227.1m).

Insurance Samadhan said to close seed funding round

India-based Insurance Samadhan has reportedly secured a seed funding round from Venture Catalysts.

India’s Paytm gets its insurance brokerage license

Payment giant Paytm has received a new insurance brokerage license from India’s Insurance Regulatory and Development Authority.

Digit Insurance said to raise $84m from growth investors

Online insurance platform Digit Insurance has reportedly bagged $84m in an investment round from growth investors.

Toffee Insurance said to close $5.5m Series A round

Toffee Insurance, an Indian InsurTech startup, has reportedly closed a Series A round on $5.5m to support the creation of new products.

PolicyBazaar reportedly raises $150m in funding

PolicyBazaar has reportedly received an investment from Chinese technology firm Tencent, which values the InsurTech at $1.5bn.

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