InsuranceDekho raised $150 million a mix of equity and debt in Series A

Popular

InsuranceDekho raised $150 million a mix of equity and debt in Series A

InsuranceDekho raised $150 million in Series A which was a mix of equity and debt where equity round was led by Goldman Sachs Asset Management and TVS Capital Funds, Investcorp, Avataar Ventures and LeapFrog Investments also participated.

InsuranceDekho is an insurance aggregator that allows customers to compare insurance quotes from various insurance providers and select the best policy for their needs. InsuranceDekho will use the new funds to expand its product offerings, enter new markets, grow its MSME-focused insurance business, and expand its leadership team, as well as pursue inorganic growth opportunities. According to an Inc42 report, India’s fintech market is anticipated to grow $1.3 Tn by 2025. Of this, insurtech as a subsegment was estimated to grow at a CAGR of 57% to become $339 Bn space by the forecasted period.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

InsuranceDekho raised $150 million in Series A which was a mix of equity and debt where equity round was led by Goldman Sachs Asset Management and TVS Capital Funds, Investcorp, Avataar Ventures and LeapFrog Investments also participated.

InsuranceDekho is an insurance aggregator that allows customers to compare insurance quotes from various insurance providers and select the best policy for their needs. InsuranceDekho will use the new funds to expand its product offerings, enter new markets, grow its MSME-focused insurance business, and expand its leadership team, as well as pursue inorganic growth opportunities. According to an Inc42 report, India’s fintech market is anticipated to grow $1.3 Tn by 2025. Of this, insurtech as a subsegment was estimated to grow at a CAGR of 57% to become $339 Bn space by the forecasted period.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

Nvidia partners with Quantum Machines to combine classical and quantum machines

In a move to push the boundaries of computing...

Checkout.com launches virtual and physical card issuing

Leading global payment solutions provider Checkout.com announced the launch...

Upcoming Events

Startup Information that matters. Get in your inbox Daily!

spot_img
spot_img
Copy link
Powered by Social Snap