InsuranceDekho raises $60 mn, surpasses $200 mn in funding this year ...Middle East

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InsuranceDekho raises $60 mn, surpasses $200 mn in funding this year
New Delhi: Gurugram-based insurtech platform InsuranceDekho on Wednesday said it has raised $60 million in its ongoing Series B funding round, taking its total fundraise to over $200 million this year. Mitsubishi UFJ Financial Group (MUFG), BNP Paribas Cardif through its Insurtech fund managed by Eurazeo and Beams Fintech Fund joined the cap table while existing investors TVS Capital, Goldman Sachs Asset Management and Avataar Ventures also participated in the fresh round, a mix of equity and debt. “This funding will allow us to accelerate our efforts, reach more customers, and innovate further in the Insurtech space. The insurance sector in India is at the cusp of a tech-backed revolution,

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