VC Fund Investments
InsurTech startup Vital attracts $3-M led by BLinC
Delhi-based Lifefront Cover Pvt Ltd, which operates insurance technology platform Vital, has raised USD 3 million (about INR 21.9 crore) led by BLinC Invest. Venture Catalyst, Survam Partners and several other angel investors also participated in the pre-series A round. The company was established in 2020 by former co-founder of Truly Madly Rahul Kumar and health insurance industry executive Jayan Mathews. Its direct-to-consumer (D2C) health insurance platform has co-developed the insurance cover with Care Health Insurance and has integrated with healthcare platforms like Mfine, Healthians, Thyrocare, 1Mg, BeatO, Fitterfly, Fitternity, Cult fit, and Betterlyf.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
