ProBatus Capital led a $9m Series A funding round in Lifepal.

Synopsis

ProBatus Capital, a private equity firm, led a $9m Series A funding round in Lifepal, an insurance marketplace. Additional investor include Cathay Innovation. “We invested in Lifepal because of its potential to change the way the Indonesian consumer buys insurance,” Ramneek Gupta, ProBatus Capital Founder and Managing Partner.

Principals

target

LIFEPAL

bidder

Cathay Innovation

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Market Context

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Seller Team (1)

nicolo robba

Founder at LIFEPAL

Manager

target

Deal

£ 7 M

Total Value

Bidder Team (3)

rajive keshup

Director at CATHAY INNOVATION

Investor

bidder

Deals

£ 65 M

Total Value

ramneek gupta

‎Founder and Managing Partner at PROBATUS CAPITAL

Investor

bidder

Deals

£ 318 M

Total Value

kyle lee

Partner at WongPartnership

Lawyer

bidder

Deals

£ 3.72 B

Total Value

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