Fintech startup Finsall, pregnancy-focussed iMumz raise funding
Summary
Finsall Resources Pvt Ltd, which operates an eponymous insurance-technology startup focussed on making insurance accessible for different segments, has raised Rs 2.4 crore ($328,188) in seed capital. Other participants in this round include the SEA Fund, SupplyAI chief executive officer Karthik Sridhar, and angel investor Tirumala Gudla. The company says its platform provides end-to-end support and service of insurance premium financing for customer segments including individuals, households, and enterprises. Participants in this round include healthcare-focussed Enzia Ventures; Titan Capital, the firm set up by Snapdeal co-founders Kunal Bahl and Rohit Bansal; and early-stage platform AngelList. iMumz, operated by Pruoo Healthcare Technologies Pvt Ltd, was set up by Ravi Teja Akondi, Mayur Dhurpate, Rajesh Jagasia, and Jaideep Malhotra.