Kolkata Based Insurance Firm Raises $1 Million From Venture Catalysts
Kolkata based insurance management company Ideal insurance raises $1 million seed round of funding from Venture Catalysts.
Venture Catalysts is India's leading incubator and the investors from Vcats include Nitesh Prakash of Ola, Atul Jain of Samyakth Finserv and promoters of Nandan Steel, Maithan group, Primarc, Atha group etc.
The funding will be used primarily for building a strong infrastructural support for our operations and backend team as well as for marketing purposes.
"With the development of our dedicated health insurance portal www.121policy.com, the investment has come at a much needed stage and will definitely bolster our growth and diversification plans," said Rahul Agarwal, founder and CEO, Ideal Insurance.
Ideal Insurance is a pioneer in delivering niche and custom...