Start-up InsuranceDekho raises $150 million to expand its business

Start-up InsuranceDekho raises $150 million to expand its business.

The highest series A round of funding ever received by an Indian insurance technology business, InsuranceDekho, was a $150 million equity and debt investment.

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The funds will be utilised to expand the leadership team and the company’s micro, small, and medium-sized enterprise (MSME) insurance division.

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Although insurance is essential for everyone’s financial security, it only accounts for 4.2% of Indian GDP compared to 7.4% globally.

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