Nairobi insurance startup Pula raises Sh600m in venture funding
Monday January 25 2021
By BRIAN NGUGI
Summary
Kenyan agriculture insurance startup Pula has raised $6 million (Sh660 million) from global venture capital backers for local and regional expansion.
The Nairobi based Pula that specialises in digital and agricultural insurance to derisk smallholder farmers across 13 markets in Africa said the funding will help boost its local expansion in Kenya and beyond the African continent.
Last year, Pula won the InsurTech of the Year Award during the sixth annual African Insurance Awards at an event held in Lagos, Nigeria.
Kenyan agriculture insurance startup Pula has raised $6 million (Sh660 million) from global venture capital backers for Africa and Asia expansion.