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Goldman Sachs AM and TVS Capital led a $150m round in InsuranceDekho.

Synopsis

Goldman Sachs AM, a capital market company, and TVS Capital, a private equity firm, led a $150m round in InsuranceDekho, an online platform, with participation from Investcorp, Avataar Ventures and LeapFrog Investments. “We need to go beyond the urban regions when it comes to insurance penetration in the country. To realize our goal of democratizing insurance for the general public, we are expanding our reach and will continue to build on our tech-based solutions and empowered advisors so that they can serve every village and region of India by the end of the year,” Ankit Agrawal, InsuranceDekho Co-Founder and CEO.

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