VC Fund Investments
Insurtech startup Ensuredit raises $4.2 M from Cover Genius, others
Gurugram and Bengaluru-based insurtech startup Ensuredit has raised USD 4.2 million (about INR 33 crore) in a pre-Series-A round led by Cover Genius, 9Unicorns, NexStep Discovery, CP Ventures, Venture Catalysts and IPV. Existing investors also participated in the current round. Ensuredit aims to work closely with insurance brokers, banks and NBFCs to enhance their sales force acquisition and productivity. It plans to use the capital to ramp up product offering, expand the technology team, and for creating more customer-centric products.
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