Insurtech startup Finsall has raised Rs 12 crore in a pre-Series A round of funding from its existing investors – Unicorn India Ventures and SEA Fund along with a clutch of other investors.
Finsall plans to use the fresh funds for scaling its technology platform, signing new insurance partners with an aim to increase its market share in the Indian insurance premium financing market. It is also looking to enter into lending partnerships with banks and NBFCs.