InsuranceDekho raises $70 million in round led by Mitsubishi UFJ, BNP Paribas Cardif’s insurtech fund, and Beams Fintech https://t.co/yv72Ntivos
InsuranceDekho's IPO at least 18 months away, says CEO Ankit Agrawal By @nainasood https://t.co/GbRua57IWR via @moneycontrolcom
Sources: Assured, whose AI tools automate insurance claims, raised equity funding in a round with Iconiq and Kleiner Perkins, valuing the company at about $1B (Bloomberg) https://t.co/9ermTrWbU8 https://t.co/BacJXDZiCK https://t.co/ZOzeer2dpR
InsuranceDekho has successfully raised $70 million in a funding round led by Mitsubishi UFJ, BNP Paribas Cardif’s insurtech fund, and Beams Fintech. The company intends to utilize the new capital to expand its market presence and enhance its technology-driven offerings. CEO Ankit Agrawal indicated that an initial public offering (IPO) for InsuranceDekho is at least 18 months away.