Mumbai-based insurtech startup, Riskcovry announced that it had raised ₹36.48 crore in a Series A funding round led by Omidyar Network India. "Our goal is to make insurance as ubiquitous as digital payments," Riskcovry's four co-founders said in a joint statement. In May 2020, the 'insurance-in-a-box' company raised ₹9 crore in a round led by Bharat Seed Fund.