Insurance-technology startup ClaimBuddy has raised an undisclosed amount as part of its seed funding round led by Titan Capital, the venture firm set up by Snapdeal founders Kunal Bahl and Rohit Bansal. The LV Angel Fund, First Cheque, and many others also participated. Would use the funding expansion across India and enhance its technological infrastructure.
ClaimBuddy's platform addresses pain points in the insurance claims process, with medical claim specialists evaluating medical insurance to resolve queries and provide coverage assistance. So far, it says it has processed claims worth over Rs 15 Cr across more than 50 partner hospitals in markets including the Delhi-National Capital Region, Bengaluru, and Mumbai.