Dark
Light
Today: May 8, 2024
January 21, 2024
1 min read

Million-Dollar Funding Boost for Indian Insurtech Pioneer, Bharatsure

TLDR:

  • Indian Insurtech startup Bharatsure has raised $1 million in a funding round led by venture capital fund Capital-A.
  • The company plans to use the funding to expand insurance accessibility in India.
  • Bharatsure specializes in providing Infrastructure-as-a-Service solutions to insurance distributors and focuses on group health insurance.
  • The company currently serves 150,000 users and aims to reach 10 million users in the next two years.
  • The strategic investment from Capital-A positions Bharatsure as a potential game-changer in the Indian Insurtech sector.

Indian Insurtech startup Bharatsure has secured $1 million in a funding round led by early-stage venture capital fund Capital-A. The company plans to utilize the funding to broaden insurance accessibility across India. Bharatsure offers Infrastructure-as-a-Service solutions to insurance distributors, assisting with various aspects of insurance management. The company focuses particularly on group health insurance and aims to empower the insurance ecosystem by providing necessary tools for effective distribution. Currently, Bharatsure has partnerships with over 500 organizations and serves 150,000 users. The company has set an ambitious target to extend its services to 10 million users in the next two years. The investment from Capital-A highlights Bharatsure’s potential to establish a digital ecosystem for employers in India and positions the company as a potential game-changer in the Indian Insurtech sector.

Post Views: 28
Previous Story

2024 Recovery Hunt: Venture Funds Struggle with Tight Capital

Next Story

Bharatsure: Unleashing the Crowd’s Insider View on News and Posts

Latest from Blog

Pelican Ag aims for £50m in debut UK fund

TLDR: Pelican Ag, a sustainable agriculture venture capital firm, is preparing to raise a £50 million fund. The fund will back 20 to 30 companies across pre-seed, seed, and Series A rounds.
Go toTop