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InsuranceDekho raises fresh funds
Mint New Delhi
|January 28, 2025
The startup is also expected to fast-track its IPO plans.
Insurtech startup InsuranceDekho has raised capital from Beams Fintech Fund, MUFG Bank and C. Development, an associate firm of BNP Paribas Cardif, documents filed with the ministry of corporate affairs showed. This is part of a larger fundraiser that could go up to $75-100 million, two people familiar with the matter told Mint.
The filings showed that the firms bought 4.33 million shares of InsuranceDekho for ₹121.9 crore.
The startup is expected to appoint bankers for an initial public offering over the next 3-4 weeks, the people said. They added that the company plans to fast-track its IPO plans.
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