InsuranceDekho raises $70 mn to bolster its tech stack

Insurance tech major InsuranceDekho has raised $70 Mn in an undisclosed funding round co-led by existing investors, including Beams Fintech Fund, Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif. The company plans to deploy the freshly raised funds in expanding its footprint, enhancing its tech stack and strengthening its position in the Indian insurance market.