Indonesian insurtech startup Qoala, has successfully raised Series B funding of US$ 65 million. The company distributes retail insurance products to consumers for car, bike, home, and health through its omnichannel platform. Based in Indonesia, the platform has successfully expanded to Thailand and Malaysia in 2021, strengthening Qoala’s commitment to make makes insurance accessible, easy to understand, and help consumers better with their…
New Delhi based InsurTech start up SafeTree has raised $1 million in its seed funding round from angel investors Shams Ahmed Parvaz and Faiz Shams. The startup aims to use the capital infusion to expand its team, strengthen product development, and enhance technology interface. Along with this, SafeTree will increase their geographical presence from 2 to 10…
Insurtech startup Finsall has raised a seed round of Rs 2.4 crore led by Unicorn India Ventures. SEA Fund and a clutch of angels — Tirumala Gudla and Karthik Sridhar (CEO, SupplyAI) also participated in the funding round. Founded in 2018 by Promod Khanna, Tim Mathews and Prabal Khanna, Finsall provides insurance premium financing service…
Bengaluru based group health insurance startup Plum has raised slightly over Rs 30 crore (approximately $4.04 million) in funding, according to a report. The company has raised funds from Sequoia’s Surge, the accelerator and early-stage investment programme of marquee venture capital firm Sequoia, Entrackr reported. Other participants include IF India Partnership, Tanglin Ventures, AngelList and…
Turtlemint, a Mumbai-based insurance-technology platform, has raised $30 million in a Series D funding round led by global venture capital firm GGV Capital. Other investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round. Founded in…
Fedo, a Bengaluru-based insurtech platform that predicts the health risk profile of individuals from a photo and 5 simple questions, announced that it has raised $1 million in pre-Series A funding round led by Unicorn India Ventures, according to ET report. A clutch of investors including former Max Bupa managing director & CEO Ashish Mehrotra…