Noida-based rural insurtech startup GramCover said it raised a Series A round worth $7 million co-led by Siana Capital and Inflexor Ventures. Stride Ventures also participated in this round, alongside existing investors Omidyar Network India, Flourish Ventures, and Emphasis Ventures (EMVC).
With this fundraise, the rural insurtech startup will enhance the availability of various insurance products and services on the “GramCover Partner” application and expand its point of sale network, tech, sales, and operation teams across multiple geographies.
