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Bimaplan raises $3.5m in Series A funding

India based embedded insurance company raised $3.5m in Series A funding led by Orios Venture Partners.

“With this new funding, we endeavor to build a sustainable and profitable distribution network, removing the inefficiencies across the value chain with our strong technology suite. We are grateful to both our existing and incoming investors for helping us move closer to our goal of insuring 10 million lives in the next 2-3 years.”

Tags

insurance, embedded