Rigel Capital completed the investment in Wisedrive.

Rigel Capital, a strategic manager for hyper-growth companies, completed the investment in Wisedrive, an Indian warranty tech company. Financial terms were not disclosed. “We are thrilled to partner with Rigel Capital to expand our pre-owned car warranty business to Southeast Asia. This collaboration will enable the company to bring its solutions to additional markets, enhancing the customer experience and ensuring peace of mind for car owners across theregion," Kalyandhar Vinukonda, Wisedrive CEO.