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Singapore based Insurtech Symbo Secures $9.4M to Expand Coverage Across India and Southeast Asia

Singapore based Insurtech Symbo Secures $9.4M to Expand Coverage Across India and Southeast Asia

Singapore-based
Symbo Platform Holdings, an Insurtech platform, has finalized a $9.4 million funding round that was led by the CreditEase Fintech Investment Fund.
Symbo’s investment round included contributions from San Francisco’s investment company Think Investments along with investments from existing investors AJ Capital, Insignia Ventures, and Integra Partners.
With this latest investment, the Symbo team plans to enhance its core technology stack and further support a dynamic leadership team in order to bring its product offerings to scale across India and the wider Southeast Asia region. ....

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[Weekly funding roundup] Venture investments begin on a tepid note for month of March

[Weekly funding roundup] Venture investments begin on a tepid note for month of March
Venture funding for first week of March was little under $50 million with lower number of deals, but debt financing was higher at $55 million
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The first week of March has not begun on a positive note for the Indian startup ecosystem with decline in venture funding when compared to the last week of February.
The week saw total venture funding of $49 million spread across 14 deals. This compared poorly with the last week of February, where the amount had touched $403 million.
Although, the positive highlight of the week was debt venture fund, which actually had a higher amount when compared to the equity funding. There were four debt deals during the week which garnered $55 million. ....

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Insurtech startup Symbo raises $9.4M in round led by CEFIF, Think Investments

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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 ....

Anik Jain , Creditease Fintech Investment Fund , Symbo Platform Holdings , Bajaj Finserv Health , San Francisco Based Think , Integra Partners , Insignia Ventures , Symbo India Insurance Broking , Southeast Asia , Symbo India Insurance , Insurtech Startup , அணிக்கு ஜெயின் , சிம்போ நடைமேடை ஹோல்டிங்ஸ் , பஜாஜ் பின்செருவ் ஆரோக்கியம் , சான் பிரான்சிஸ்கோ அடிப்படையிலானது சிந்தியுங்கள் , ஒருங்கிணைப்பு கூட்டாளர்கள் , சின்னம் முயற்சிகள் , சிம்போ இந்தியா காப்பீடு தரகு , தென்கிழக்கு ஆசியா , சிம்போ இந்தியா காப்பீடு ,

Startup news and updates: daily roundup (March 4, 2021)

Startup news and updates: daily roundup (March 4, 2021)
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

Naheed Nenshi , David Knight Legg , Jason Kenney , Adi Ben Dayan , Saar Yahalom , Ramakant Sharma , Sarbvir Singh , Pranay Gupta , Elon Musk , Kunal Bahl , Rohit Bansal , Mary Moran , Ravi Kumar , Calgary Economic Development , Creditease Fintech Investment Fund , Bijnis Team , Symbo Platform Holdings , Fund Funding , Alberta Corporation , Google Play , Apple App , Omidyar Network India , Maye Musk , Employee Stock Ownership Plan , Capital India , Paytm Money ,

Insurtech startup Symbo raises $9.4M in round led by CEFIF, Think Investments

Insurtech startup Symbo raises $9.4M in round led by CEFIF, Think Investments
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

Anik Jain , Creditease Fintech Investment Fund , Symbo Platform Holdings , Bajaj Finserv Health , San Francisco Based Think , Integra Partners , Insignia Ventures , Symbo India Insurance Broking , Southeast Asia , Symbo India Insurance , அணிக்கு ஜெயின் , சிம்போ நடைமேடை ஹோல்டிங்ஸ் , பஜாஜ் பின்செருவ் ஆரோக்கியம் , சான் பிரான்சிஸ்கோ அடிப்படையிலானது சிந்தியுங்கள் , ஒருங்கிணைப்பு கூட்டாளர்கள் , சின்னம் முயற்சிகள் , சிம்போ இந்தியா காப்பீடு தரகு , தென்கிழக்கு ஆசியா , சிம்போ இந்தியா காப்பீடு ,