Bengaluru-based insurance-tech startup Healspan, a prominent provider of B2B insurance claims management software, has raised ₹1.2 Crore in a recently concluded pre-seed funding round led by startup community-builder and accelerator PedalStart.
The Dubai-based b2b firm Morphosis Venture Capital led a bridge round of fundraising for the insurtech firm Riskcovry, which raised about $4.5 million. IIFL, an Indian giant in financial services, took part in this round as well.
With the help of early-stage venture firm Kettleborough VC and Omnivore, insurance market firm Finhaat secured $3 million in its first institutional fundraise.
The pre-series A investment round led by Orios Venture Partners has brought in $3.5 million for Bimaplan, an insurtech business supported by Y Combinator. Finsight Ventures and 2am VC, two previous investors, took part in the round as well.
Alwrite, a business-to-business insurtech startup, secured INR 10 Cr from a number of angel investors and a venture capital (VC) firm as part of its seed financing round.
The World Bank's International Finance Corporation led a $24 million Series B funding round for the insurtech startup Onsurity. Existing investors Quona Capital and Nexus Venture Partners took part in the round as well.