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Home News

Insurtech startup Riskcovry secured funding

by Udit
May 21, 2020
in News
Reading Time: 1 min read
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Riskcovry, a Mumbai based Insurtech startup, has now secured an undisclosed amount in the Pre-Series A funding round led by the Varanium Capital, Bharat Inclusion Seed Fund, and Better Capital.

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Saras Agarwal, Principal at Bharat Inclusion Seed Fund, said,

“Riskcovry brings a fresh approach to digital distribution for the insurance market. Their API-first approach helps enterprise customers get access to highly relevant insurance products through a completely digital process of underwriting, policy issuance, claim settlement, and compliance.”

Riskcovry considers itself as a neo-insurer providing “insurance in a box” solution, which allows any business with a large captive user base to enable distribution of insurance to their users in an end to end fashion.

Riskcovry enables the distribution of multiple insurance products across life, non-life and health with plug and play infra to support any distribution use case.

Tags: Riskcovry
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