Announced
Completed
Financials
Sources
Tags
Online and Social Platforms
India
online platform
Friendly
Acquisition
Cross Border
Private
Minority
Private Equity
Venture Capital
Completed
Single Bidder
Synopsis
Beams Fintech Fund, a growth stage focused fintech fund, led a $60m Series B round in InsuranceDekho, an insurance marketplace, with participation from TVS Shriram Growth Fund, MUFG Bank, Goldman Sachs and Avataar Venture. "India's insurance landscape is characterized by low penetration, trust issues, mis-selling, limited accessibility, and affordability concerns. Amid this complexity, we found InsuranceDekho, led by the immensely talented team of Ankit Agrawal and Ish Babbar, creating a vast platform that not only addresses the penetration problem but also fosters trust, providing peace of mind to millions of Indians," Sagar Agarvwal, Beams Fintech Fund Managing Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.