InsuranceDekho raises $60 million, surpasses $200 million in funding this year

Gurugram-based insurtech platform InsuranceDekho has raised $60 million in its Series B funding round, bringing its total fundraise for the year to over $200 million. Mitsubishi UFJ Financial Group, BNP Paribas Cardif, and Beams Fintech Fund joined as new investors, while existing investors also participated. The funds will be used to accelerate efforts, expand distribution, enhance the tech platform, and explore growth opportunities. InsuranceDekho aims to achieve a premium of Rs 3,600 crore this year and have 200,000 agent partners by March 2024. The company has served over 6 million customers to date.