Insurtech co. The Policy Exchange raises $1.5 M

New Delhi-based The Policy Exchange (TPE) has raised USD 1.5 million in a pre-Series B funding round, led by True Blue Holding, VLS Finance, and 1Crowd, with participation from other angel investors. The investment bankers facilitating this deal were Sumit Goel from Alps Financial Consultants and Amesh Bansal from Aspire AD Astra Advisors.Founded by Naveen Gupta, Tarun Bahri, and Safia, the Policy Exchange is developing a platform that enables policyholders to monetise and manage their insurance policies while retaining protection.The new capital will be used to enhance the firm’s technology infrastructure, scale operations, and increase market awareness as it prepares for further growth across India.