Insuretech

Insurtech firm Zopper raises $25 million in Series D funding round

Insurtech platform Zopper on Thursday announced it has raised USD 25 million (around Rs 211 crore) in Series D funding round, co-led by Elevation Capital and Dharana Capital. The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture. "Zopper will use this fresh funding to ramp up its digital technology infrastructure, by strengthening its insurance distribution platform. The company will also invest in its data science, data engineering, artificial intelligence and machine learning capabilities," it said. The funds will also accelerate growth in the current bancassurance solutions and enhance the post-sales and servicing capabilities of the company's device and appliance protection businesses, Zopper said. "We take pride that we are the only insurtech company that works with insurance providers and creates byte-sized, personalised products that it then supplies to distribution ..

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TMS Ep627: Uniform Civil Code, insurtech, markets, CAR-T cell therapy

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Insurtech platform Turtlemint raises $120 million in Series E funding

The latest funding round has valued Turtlemint at more than $900 million.

KFIN Tech buys 17% stake in Artivatic.ai, gets foot into insurtech space

Plans to raise it further; Artivatic.ai will use funding to broaden product portfolio, explore new business horizons and expand footprint in India and abroad

InsureTech to be next big disruption in insurance: National Insurance CMD

In the Indian context, GIC has always enjoyed first preference