India, Nov. 7 -- HT Syndication

New Delhi [India], November 7: The Policy Exchange (TPE), an emerging player at the intersection of insurance and financial innovation, has raised $1.5 million in Pre Series B funding led by True Blue Holding, VLS Finance, and 1Crowd, along with participation from a group of strategic angel investors. The investment bankers facilitating the deal were Sumit Goel from Alps Financial Consultants and Amesh Bansal from Aspire AD Astra Advisors.

The funding marks a key step in TPE's mission to reshape how Indians perceive and manage life insurance -- moving it beyond a passive safety net to an active, value-driven financial instrument. The capital will be deployed to strengthen its technology infrastructure, bu...