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Tiger Global leads $16 Mn round in Plum Insurance

Shortpedia

Content Team
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Tiger Global has led a new round of $15.7 million in enterprise-focused group insurance platform Plum Insurance. The 15-month-old startup has raised over $20 million to date. Plum has approved the allotment of 37,970 Series A preference shares at an issue price of Rs 29,976.83 per share to raise Rs 113.82 crore or $15.7 million, regulatory filings show.