Who’s Who Among Investors In India’s Online Insurance Comparison Engines?
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While funding to venture-backed startups in India hit $7.86B in 2015, funding for insurance tech in India has centered on just a handful of startups that aggregate policies and offer comparison engines working across both non-life and life insurance lines. These services aggregate offerings, allow Indian consumers to do side-by-side online comparisons of policies and pricing, and then act as brokers for the carriers.
The latest deal, a $2.2M Series A, went this month to EasyPolicy.