Private Equity VC Fund Investments
Square Insurance raises $3-M from BizDateUp, Negen Capital
Source Inc42 (opens in a new tab)
Jaipur-based insurtech startup Square Insurance has raised USD 3 million (around INR 25 crore) in a pre-Series A funding round co-led by BizDateUp and Negen Capital. The proceeds will be used to ramp up its insurance platform, building tech stack for cattle insurance and for developing customised micro-insurance products.Founded in 2017 by Rakesh Kumar, Square Insurance offers life and general insurance services across 20 states. It claims to have a network of over 25,000 channel partners.