Insurance-focused staff wellness platform Nova Benefits in talks to raise $30-M

Insurance-focused employee wellness platform Nova Benefits is in talks to raise a Series B round from existing and new investors. Existing investors Bessemer Ventures and SIG are in talks to lead the USD 25-30 million fresh round in Nova. The Bengaluru-based firm had raised USD 10 million in a Series A round led by Susquehanna International Group (SIG) and Bessemer in September 2021. Nova helps enterprises improve employee wellness through health insurance, daily fitness and mental health counselling. For employees, it provides access to wellness benefits on a single platform and handholds them in increasing coverage of insurance.