Indian Economy News

Insurtech startup Ensuredit raises US$ 4.2 million from Cover Genius, others

Insurtech startup Ensuredit has raised US$ 4.2 million in a Pre-Series-A round led by Cover Genius, 9Unicorns, NexStep Discovery, CP Ventures, Venture Catalysts and IPV.

Ensuredit is planning to use the funding to ramp up product offerings and expand the technology team, apart from deploying to create more customer-centric products, said Mr. Amit Boni, founder and CEO, Ensuredit.

Leading industry clients, including some of the biggest brokers, corporate agencies, NBFCs, and equity broking organizations, use Ensuredit's PaaS (platform as a service) platform.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.