Square Insurance secures $3 Million in Pre-Series A funding led by Negen Capital, Bizdateup and others

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Square Insurance secures $3 Million in Pre-Series A funding led by Negen Capital, Bizdateup and others - Economic Times

Quick Summary:

Square Insurance received $3 million in seed funding led by Negen Capital.

The company said that the funding will boost their tech infrastructure, particularly focusing on cattle insurance and custom micro-insurance products.

Speaking about the fund raised, Meet Jain, co-founder at Bizdateup said, "India's insurance industry is a dynamic sector experiencing substantial growth, even facing global challenges like the COVID-19 pandemic, the climate crisis, and the Russia-Ukraine conflict.