WeRize raises $8mn in Series A led by 3one4 Capital, Picus and others

WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns

WeRize, a full-stack financial services platform, has raised $8 million in Series A funding round, led by 3one4 Capital, Picus Capital, Kalaari Capital, and Orios Ventures.

Founded by ex LendingKart executives Vishal Chopra and Himanshu Gupta in 2019. WeRize is a full stack provider, both- developing and distributing a wide portfolio of customised credit, group insurance and savings products for 100 million families and 300 million individuals who live in 4000+ small towns of India. This $200 billion and growing annual market expects a very different product set as well as distribution model which traditional private banks, insurers, and mutual