B2B insurtech startup MetaMorphoSys raises $3-M

Pune-based business-to-business (B2B) SaaS-based insurtech startup MetaMorphoSys has raised USD 3 million led by Info Edge-backed technology fund Capital2B. Angel investors Pavitar Singh and Dhruv Dhanraj Bahl also participated in the funding round. The funds will be used for expansion. MetaMorphoSys offers a low code platform pre-configured with benefits, coverages, rules and vocabularies to help insurance companies launch products across categories such as motor, travel, property, life, and health. It currently has clients in India, Singapore, Indonesia and Vietnam.