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Omidyar Network India leads Series A round in insurtech firm Riskcovry

Mumbai: Insurtech startup Riskcovry has received $5 million in Series A funding, led by Omidyar Network India. Pune-based venture capital fund Pentathlon Ventures and Delhi-based DMI Sparkle Fund were also among the new investors.<br><br>Founded in 2018, the Mumbai-based startup, which offers insurance infrastructure to platforms to distribute insurance products, closed a $1.25 million pre-Series A round in May 2020, led by Bharat Inclusion Seed Fund, Varanium Capital and Better Capital, which have also participated in the current round.

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Omidyar Network India leads Series A round in insurtech firm Riskcovry

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