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Pula raises $6m in Series A to help derisk farmers across Africa and Asia

African leading agricultural technology insurance company popularly known as Pula has raised $6million in Series A Fundraising activity aimed at derisking millions of smallholder farmers courtesy of TLcom Capital, with the participation of women’s World Banking.
Pula’s new ground to reach many smallholder farmers.
The new investment will be used to scale up operations in the company’s existing 13 markets across Africa. Currently, Pula has impacted over 4.3 Million farmers on the continent and the new funding will also help propel its expansion into Asia to power resilience and profitability for Asian smallholder farmers.
Speaking in an interview with ....

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Pula scoops 2020 Insurtech award for supporting smallholder farmers in Africa

African leading Agricultural technology insurance company popularly known as Pula has won the Insurtech of the year award during the 6th Annual African Insurance awards that recently took place in Lagos, Nigeria.
Pula Co-founders
A smallholder farmer in his field
Pula develops and deploys crops and livestock insurance to smallholder farmers and the award is the recognition of how the company has managed over 4.3 Million smallholder farmers through their area risk index and yield insurance product.
The company also packages digital services that include providing SMS agronomy tips during planting season and it has also implemented the crop cut experiment as claim assessment methodology. This assessment relies heavily on grounds crop cuts and it’s fed on mobile apps which relay instant feedback. ....

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