February 20

Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business

Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually large investment round that will help it target an under-served domestic market.

TVS Capital Funds co-led the equity and debt financing, the largest-ever Series A round for an Indian insurance technology company, the startup said in a statement. Investcorp, Avataar Ventures and LeapFrog Investments participated.

Photo courtesy of Swaminathan

Source: Insurance Journal (link opens in a new window)

Finance, Technology
fintech, MSMEs, startups