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Singapore-based insurtech startup Symbo Platform Holdings raised $9.4 million in a round led by CreditEase Fintech Investment Fund (CEFIF) and San Francisco-based Think Investments. The round also saw participation from existing investors Integra Partners, Insignia Ventures, and AJ Capital.
In a statement, the startup said a large portion of the fund has been earmarked for investments in
Symbo’s Indian affiliate.
The Indian arm,
Symbo India Insurance Broking, has been mainly
working towards simplifying insurance for customers. It is helping users buy covers personalised to their needs.
The startup said it provides small-ticket products such as marathons, fitness, and spectacle covers. In India, Symbo works with clients including
Symbo Platform raises $9 4 million in Series A funding - The Hindu BusinessLine
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Insurtech startup Symbo raises $9 4M in round led by CEFIF, Think Investments
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