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Insurance Samadhan raises Rs 5.5 cr in pre-Series A round

The start-up will use the funds to upgrade from offering just claim redressal services to an app providing claim management, insurance portfolio analysis and policy servicing features

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2 min read Last Updated : Dec 14 2021 | 5:29 PM IST

Insurtech platform Insurance Samadhan has raised Rs 5.5 crore in a pre-Series A round. The funding was led by Equanimity Investments and saw participation from 9 Unicorns, Venture Catalysts, ZNL and angel investors.

Insurance Samadhan was founded in 2018 with the aim to resolve insurance grievances like mis-selling, fraud and claim rejections in Life, Health and General insurance. Following a success fee-based revenue model, the firm has been a pioneer in helping aggrieved policyholders. They have resolved more than 14,500 grievances since inception.

Deepak Bhuvenshwari Uniyal, fo-founder of Insurance Samadhan, said, “We are in a very niche space right now,

Topics : Startup funding

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