Insurtech player Insurance Samadhan raises $725-K from Equanimity, 9Unicorns, ZNL

Insurtech platform Insurance Samadhan has raised USD 725,000 (INR 5.5 crore) in a Pre-Series A round led by Equanimity Investments. The other participants of this round include 9Unicorns and ZNL. LegaLogic Consulting represented Equanimity Investments for its investment in Insurance Samadhan Established in 2018, Insurance Samadhan resolves insurance grievances like mis-selling, fraud and claim rejections in life, health and general insurance. The platform claims to have resolved more than 14,500 grievances since its inception. It clocks revenue based on a success fee-based model. The latest funds will be used to strengthen its technology.