21
Feb
InsuranceDekho, India’s leading Insurtech player, has raised $150 million in Series A funding consisting of a mix of equity and debt, the largest ever series A round by an Indian Insurtech company. The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds with participation from Investcorp, Avataar Ventures and LeapFrog Investments. InsuranceDekho was founded by Ankit Agrawal and Ish Babbar in 2016 and has seen significant premium growth. It aims to achieve annualized premium run-rate of INR 3,500 crores by March 2023. The latest funding will be used to scale up product and technology functions, expand…
