Finsall raises Rs 12 crore in Pre Series A

Insurance focused fintech platform Finsall has raised Rs 12 crore or $1.6 million in a pre-Series A round from its existing backers such as Unicorn India Ventures and SEA Fund along with a clutch of other investors. Finsall plans to use the fresh funds raised for scaling its technology platform, signing new insurance partners with an aim to increase its market share in the Indian insurance premium financing market. The Company will also be looking to enter into lending partnerships with top banks and NBFCs, it said in a press release.  Continue reading Finsall raises Rs 12 crore in Pre Series A at Entrackr.

Finsall raises Rs 12 crore in Pre Series A

Insurance focused fintech platform Finsall has raised Rs 12 crore or $1.6 million in a pre-Series A round from its existing backers such as Unicorn India Ventures and SEA Fund along with a clutch of other investors.

Finsall plans to use the fresh funds raised for scaling its technology platform, signing new insurance partners with an aim to increase its market share in the Indian insurance premium financing market. The Company will also be looking to enter into lending partnerships with top banks and NBFCs, it said in a press release.