Insurance technology startup Ensuredit raised Rs 2.5 crore in pre-Series A round of investment led by Venture Catalysts, will use the latest infusion to establish its position as a market leader by expanding its tech infrastructure and outreach.
Ensuredit aims to disrupt the insurance industry in India and unlock the next chapter of its development by utilizing the power of technology. Claims to provide access to AI-powered distribution system, streamlined workflows, open APIs, and AI based analytics suite for a transformational customer experience.
“Ensuredit’s vision is simple: To digitally transform the Indian insurance industry using our AI-based, API-integrated platform and deliver a more enhanced customer experience to all the stakeholders across the sector. Venture Catalysts’ support and confidence in our idea gives us the much-needed motivation for making greater strides in our journey. We intend to use the funding to hit our next growth curve by significantly expanding our technology team and outreach capabilities.” said Amit Boni, Founder and CEO, Ensuredit.