Venture Catalysts, an integrated incubator and accelerator platform, recently invested an undisclosed amount in seed round of funding in Delhi-based Insurance Samadhan, a tech-enabled insurance grievance redressal platform.
Dr Apoorv Ranjan Sharma, Co-founder and President, Venture Catalysts, said,“Estimated at $112 billion, the Insurtech market in India shows great potential for startups and investors alike. While it is still at a nascent stage as compared to its Western counterparts, the scope for growth is huge."
"Insurance Samadhan is leveraging modern technologies and the expertise of its board members to organise this fragmented market.
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