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.
Insurtech startup Riskcovry will utilise the funding to build new insurance products, invest in its data science team and products, and quadruple its partner network in next 18 months.