Bengaluru-based employee benefits and insurtech platform PazCare has raised an undisclosed amount from marquee angel investors and entrepreneurs. These include BookMyShow’s founding team Ashish Hemrajani (Founder and CEO, BookMyShow) and Parikshit Dar (Co-founder and Director, BookMyShow), Haresh Chawla (Founding CEO, Network18 and Partner, TrueNorth), Mohit Garg (Co-founder, Oloid and Mindtickle), and Deepak Diwakar (Co-founder and CTO, Mindtickle), amongst several others.
The amount raised by the firm is a part of its seed round, marking its first external fundraise.
The Bengaluru-based startup will use the funds raised to strengthen its insurance and technology infrastructure in a bid to build a stronger business and employee foundation while expanding its client base and partnership network.
