Insurance Dekho raised Rs 1,742.28 crore in a Series B round led by MUFG and BNP Paribas Cardif to enhance its insurtech platform offerings.
Amount Raised
₹17.4 Billion
Round Type
Series B
GurugramInsuranceInvestors
Description
Insurance Dekho, an insurtech platform, has reported significant revenue growth, doubling its revenue to Rs 100.28 crore in FY23. The latest Series B funding round, completed in October 2023, positions the company for further strategic growth despite current profitability challenges.
Quick answer
InsuranceDekho raised ₹17.4 Billion in a Series B round, dated October 6, 2024. Investors: West Street, Tvs Shriram Growth Aif, Mufg and BNP Paribas Cardif. InsuranceDekho is based in Gurugram, Haryana, India.
- How much did InsuranceDekho raise?
- InsuranceDekho raised ₹17.4 Billion in a Series B round on October 6, 2024.
- Who invested in InsuranceDekho?
- West Street, Tvs Shriram Growth Aif, Mufg and BNP Paribas Cardif are named as investors in this round.
- What does InsuranceDekho do?
- Insurance - Buy health & vehicle insurance policy online.
- Where is InsuranceDekho based and how big is it?
- InsuranceDekho is based in Gurugram, Haryana, India. Fundz records about 2,500 employees.
- Who are the decision-makers at InsuranceDekho?
- Fundz holds 1 contact at InsuranceDekho. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as InsuranceDekho that raised within 45 days of this round, from Fundz verified event records.
- Konsileo raised $10M (Debt Financing) on November 20, 2024.
- LIFEMARK REINSURANCE Co raised an undisclosed amount on November 20, 2024.
- Federato raised $40M (Series C) on November 20, 2024.
- Amenli raised $2.3M (Seed) on November 18, 2024.
- Federato raised $35M on November 15, 2024.
- Leavitt Group Enterprises raised $241M on November 15, 2024.
Who to call at InsuranceDekho, and when
A new round usually means InsuranceDekho is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day InsuranceDekho raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at InsuranceDekho, from your own LinkedIn network
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Funding Insights
What this usually meansInsuranceDekho raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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