Private Equity

VC Fund Investments

Insurance broking platform Finhaat raises $3-M from Omnivore, Kettleborough VC

Economic Times  

Mumbai-based insurance distribution startup Finhaat has raised USD 3 million led by agri-focused venture fund Omnivore Partners, with participation from early-stage venture fund Kettleborough VC. The startup intends to use the fresh funds to scale up technology platforms, invest in business development and set up internal processes and controls. Finhaat runs an online distribution platform through which insurance products are sold to consumers in rural and semi-urban India. The startup claims to work with over 60 banks, credit societies, non-governmental organisations and self-help groups to distribute insurance to the last mile.