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Fintech platform Finsall raises Rs 12 cr in pre-series A funding

This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.

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BS Reporter Mumbai
Insurance focused Fintech platform Finsall has raised Rs 12 crore in a Pre Series A round from its existing investors – Unicorn India Ventures and SEA Fund – along with a clutch of other investors.

This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.

Finsall plans to use the fresh funds raised for scaling its technology platform, signing new insurance partners with an aim to increase its market share in the Indian insurance premium financing market. The Company will also be looking to enter into lending partnerships with top banks and

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