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New mid-market PE fund in talks with Coverfox for maiden deal

TMT

12 September, 2018

New mid-market PE fund in talks with Coverfox for maiden deal

A newly-floated domestic fund may ink its first deal by investing in online insurance aggregator Coverfox, two people close to...

Kalaari, Omidyar invest in digital insurance platform Toffee

TMT

29 May, 2018

Kalaari, Omidyar invest in digital insurance platform Toffee

Digital insurance platform Toffee has raised $1.5 million (around Rs 10 crore) in seed funding led by venture capital firm ......

IFC, others complete Series C round in online insurance broker Coverfox

TMT

19 April, 2018

IFC, others complete Series C round in online insurance broker Coverfox

Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ......

IFC to invest $10 mn in online insurance broker Coverfox

TMT

19 December, 2017

IFC to invest $10 mn in online insurance broker Coverfox

International Finance Corporation is set to invest up to $10 million (Rs 64 crore) in online insurance broker Coverfox, the ......

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

TMT

18 November, 2017

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

Global internet giants Amazon, Facebook and Uber took strategic steps this week to expand their India presence.Amazon pumped in more ......

Coverfox FY17 revenue doubles, loss narrows on cost controls

TMT

16 November, 2017

Coverfox FY17 revenue doubles, loss narrows on cost controls

Mumbai-based Coverfox Insurance Broking Pvt. Ltd, operator of an eponymous online insurance brokerage, doubled its revenue in the year through ......

Essel Finance acquires online insurance aggregator Bimadirect in distressed sale

TMT

04 September, 2017

Essel Finance acquires online insurance aggregator Bimadirect in distressed sale

Essel Finance Management has acquired insurance policy aggregator Bimadirect, which is operated by Coretree Insurance Brokers (India) Pvt. Ltd, a ......

Online insurance marketplace Coverfox appoints Practo exec as CEO

People

30 August, 2017

Online insurance marketplace Coverfox appoints Practo exec as CEO

Online insurance marketplace Coverfox has appointed former Practo executive Premanshu Singh as chief executive officer, the company said in a ......

Digital insurance startup Acko gets $30 mn from SAIF, Accel and others

TMT

23 May, 2017

Digital insurance startup Acko gets $30 mn from SAIF, Accel and others

Mumbai-based online insurance startup Acko General Insurance Co. Ltd has raised $30 million (Rs 195 crore) in seed funding from ......

Ex-Just Dial CTO's Xelpmoc invests in Ideal Insurance's upcoming online platform

TMT

25 November, 2016

Ex-Just Dial CTO's Xelpmoc invests in Ideal Insurance's upcoming online platform

Kolkata-based insurance broking firm Ideal Insurance is all set to launch an online insurance platform christened 121Policy.com that will primarily ......

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