InsurTech startup Square Insurance raises Rs 8 crore from Recur Club - Times of India
Summary
NEW DELHI: Insurance broking startup Square Insurance on Monday said it has raised $1 million (about Rs 8.3 crore) in a funding round led by Recur Club.Square Insurance will utilise the funds to open 15 new branch offices and strengthen their workforce, according to a statement. "With this fund raise, we plan to expand our network and bring more tech advancement for the customers benefit," Square Insurance Founder and CMD Rakesh Kumar said. *** BetterPlace appoints ex-Myntra VP Ved Antani as Chief Product and Technology Officer * SaaS platform for frontline workforce management BetterPlace has appointed former Myntra Vice President Ved Antani as Chief Product and Technology Officer, the company said on Monday.He will be responsible for a 360-degree AI revitalisation at BetterPlace, according to a statement. "Veds extensive experience in large scale SaaS and e-commerce companies gives him a unique edge of not only understanding how platform economies work but also knowing the nitty gritties of using SaaS to achieve scale," BetterPlace Co-founder and Group CEO Pravin Agarwala said.