BimaPe raises $545K
Mumbai-based Verak , the company that offers a service to discover free insurance for card holders, announced a $545,000 Pre-Seed fundraise led by Lightspeed India Partners, with participation from Titan Capital, iSeed India and Gemba Capital.
Founded in 2020, BimaPe looks to simplify insurance for working professionals in India. The company enables users to ‘seamlessly’ manage their family’s insurance via a single platform. Users can get an overview of all their insurance policies, make one-click claims, and discover several hidden insurance benefits from their bank cards and Provident Fund.
“With BimaPe, you can: Discover your hidden insurance benefits, understand your policies, make an informed purchase, port or cancel decision. 13,000+ members trust BimaPe to help them understand their insurance and (coming soon) make the right insurance decisions.”