Singapore-Based Symbo Raises $9.4 Mn; Will Divert Large Share To India Entity
Click here to read full article from source
India, March 4 -- Singapore-headquartered insurance tech platform Symbo Platform Holdings has completed a $9.4 Mn funding round led by CreditEase Fintech Investment Fund and San Francisco based investment firm Think Investments, with participation from existing investors Integra Partners, Insignia Ventures and AJ Capital. The company announced that a large proportion of the funds has also been earmarked for investment into Symbo's Indian affiliate.
The company offers health, term, car and bike insurance, among other products in the country. It has also partnered with Indian companies such as Bajaj Finserv Health, eyewear giant Lenskart among other major corporates and large insurance players.
"The funding will be used to strengthen our ...
To read the full article or to get the complete feed from this publication, please Contact Us