• InsuranceDekho is an online platform that lets you compare and buy insurance quotes from top-rated insurance companies.
• Ankit Agrawal is the Founder and CEO at InsuranceDekho.
• The company earns about 82% of its premium from Tier-II cities and beyond.
Feeling secure about our future is a top priority for most of us, and insurance plays a crucial role in achieving that peace of mind. Having the right coverage can make all the difference for our health or vehicles.
That's where Insurance Dekho comes in - as an aggregator; it simplifies the process by allowing users to enter their requirements and receive quotes from multiple insurance companies. With the ability to compare features, costs, and benefits of various insurance products, users can make an informed decision that suits their needs.
Insurance Dekho has raised $60 million in its ongoing Series B funding round. With its latest capital infusion, which consists of a combination of debt and equity, the company has welcomed new investors, such as Yogesh Mahansaria Family Office, the European investment major Eurazeo-managed Beams Fintech Fund, the insurer BNP Paribas Cardif, and the Japanese behemoth Mitsubishi UFJ Financial Group, Inc. (MUFG).
According to a release, this is the start-up based in Gurugram's second fundraiser of 2023, bringing its total fundraising to above $200 million. The start-up obtained the most considerable Series A capital of any insurer in South Asia earlier this year, raising $150 million.
Insurance Dekho is on a relentless mission to expand its empire, reaching new heights daily. From this moment forward, whenever the need arises to secure insurance, look no further than Insurance Dekho!
Edited by Shruti Thapa