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Insurance tech startup Riskcovry raises $5 Mn from Omidyar

Shortpedia

Content Team
Image Credit: Emeri

Mumbai-based insurance tech startup Riskcovry has raised $5 Mn in Series A funding in a round led by Omidyar Network India. The round also saw participation from Pune-based venture capital fund Pentathlon Ventures and Delhi-based DMI Sparkle Fund. Founded in 2018, Riskcovry offers an ‘insurance-in-a-box’ model, whereby it enables the insurance infrastructure for platforms or vendors looking to sell insurance products.