Fundz

Ideal Insurance raises ₹8cr in pre-series A funding led by Venture Catalysts and Kolkata-based business families

PRIVATEApr 24, 2024

Amount Raised

₹80 Million

Round Type

Pre-Series A

KolkataMarketplaceInsurtechInsurance

Investors

Shreyans JainSagar DaryaniZubin MehtaAtha Group Family OfficeStyle Baazar Family OfficeEo Pune Chairman Deven BhandariOnnivation Founder Saket AgarwalShrachi Family OfficeVenture Catalysts

Description

Kolkata-based Ideal Insurance has raised over Rs 8 crore as pre-series A funding, with a valuation of Rs 250 crore for the company. The funding round was led by Venture Catalysts and witnessed participation from leading business families of Kolkata, along with other investors.

Who else raised in Marketplace and Insurtech around the same time

Companies in the same sectors as Ideal Insurance that raised within 45 days of this round, from Fundz verified event records.

  • Coversure raised $4M (Pre-Series A) on May 27, 2024.
  • Cover Whale raised $28M (Series A) on May 22, 2024.
  • Cover Whale raised $12M on May 17, 2024.
  • Assureful raised $850K (Seed) on May 4, 2024.
  • SOSTENGO raised $3.8M (Seed) on March 13, 2024.
  • Insurance Systems raised an undisclosed amount on June 6, 2024.

Who to call at Ideal Insurance, and when

A new round usually means Ideal Insurance is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ideal Insurance raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ideal Insurance, from your own LinkedIn network

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Company Information

Company

Ideal Insurance

Location

Kolkata, West Bengal, India

About

Ideal Insurance Brokers (P) Ltd. is among one of the few to be granted an Insurance Broking License by IRDA, The Insurance Regulatory and Development Authority of India. We are a KPO providing Insurance Portfolio Management services to its Clients.

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Fundz sees it the moment Ideal Insurance raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Ideal Insurance's next move

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Ideal Insurance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.