BENGALURU : Mumbai-based InsurTech startup, Riskcovry, on Thursday said that it has closed its Pre-Series A round led by Bharat Inclusion Seed Fund, which also saw participation from Varanium Capital and Better Capital.
The startup has raised around ₹9.3 crore in this round, it said in a regulatory filing with Ministry of Corporate Affairs. This round will help Riskcovry scale its product-market fit, and serve more enterprise customers across segments.
The startup will also use the capital to build out its technology, product, data sciences, sales and growth teams. Founded in 2018, by Suvendu Prusty, Sorabh Bhandari and Chiranth Patil, Riskcovry helps businesses with a large user base to enable insurance distribution for users, saving them