In total Toffee Insurance has raised $7.0M. Rohan Kumar, CEO and Co-founder, Toffee Insurance, said, Anuradha Ramachandran, Investments Director at Flourish, said, “Toffee Insurance has created a completely new approach to helping people navigate financial shocks and create safety nets by really unbundling policies to cover those risks that most Indian consumers are worried about. Since Toffee Insurance was founded in 2017, it has participated in 2 rounds of funding. Toffee Insurance, founded in 2017 by Nishant Jain and Rohan Kumar, differentiate itself by offering unique insurance policies in a digital-only format. Claims process was even less hectic as entire process was online and i don't have to go anywhere, and i got my money in the mentioned time period. Toffee plans to use the funds to focus on product development and expanding its team. E.g. See Toffee Insurance's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Organization Name . Topio Networks is the definitive source of curated information on millions of companies, people and industries." Toffee Insurance has raised a total of $7.1M in funding over 3 rounds. 3 results Statistics . Toffee Insurance's top competitors are Acko General Insurance Limited, Coverfox and PolicyBazaar. Impact investor Omidyar Network, venture capital firm Flourish Ventures, Accion Venture Lab and Kalaari Capital also participated in the round, according to a company statement. Chennai: Insurtech startup Toffee Insurance has raised $5.5 million in a Series A round led by South African investor IVM Intersurer along with participation of existing investors Omidyar Network, Accion Venture Lab and Kalaari Capital. Toffee Insurance, an online insurance platform for millennials, has raised $1.5 million in a round of seed funding in a round led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. In an interaction with Moneycontrol, Rohan Kumar, CEO and co-founder of Toffee Insurance said the first round of funds was proof of … See insights on Toffee Insurance including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Toffee is an insurance technology company offering bite-sized insurance for everyday moments. Add Funding Rounds filter . Toffee Insurance is an all-digital, insurance technology company, offering bite-sized insurance for everyday moments. Impact investor Omidyar Network, venture capital firm Flourish Ventures, Accion Venture Lab and Kalaari Capital also participated in the round, according to a company statement. Toffee plans to … 122018. Toffee Insurance's main competitors include KindHealth, Proformex, Descartes Underwriting and InvestSure. includes any. Ltd. 304-309 Tower C, Corporate Agent (Composite)Design For Use Consulting Pvt. "Toffee Insurance specializes in contextual micro-insurance products that decrease the financial risks carried by uninsured people in India. 3. When was Toffee Insurance founded? Their latest funding was raised on May 29, 2018 from a Seed round. ABOUT TDI. Operator. See similar jobs Create job alert. Toffee Insurance provides features such as a user-friendly UX, average purchase time of 90 seconds, average claim approval time of two hours, etc. Venture capital firm Flourish Ventures, which was established this year and is funded by Omidyar Network founder Pierre Omidyar, also pooled in capital, it added. In India, with its vast size and mostly uninsured and under-insured population, the insurance penetration is at a single digit percentage. Toffee Insurance is an all-digital, insurance technology company, offering bite-sized insurance for everyday moments. Toffee Insurance , India’s first digital-only insurance platform for millennials has raised $1.5 million in seed funding led by Kalaari Capital, Omidyar Network and Accion Venture Lab. "Toffee Insurance specializes in contextual micro-insurance products that decrease the financial risks carried by uninsured people in India. Shopkeeper told me about insurance and I activated it myself, Hardly took 2 mins. Compare Toffee Insurance to its competitors by … Their latest funding was raised on May 29, 2018 from a Seed round. Explore Companies Investors Top 50 Streams Trending tech news Latest investments ... Funding 2 Add info Latest funding. Online insurance platform Toffee Insurance secured $5.5 million in its Series A round that was led by IVM Intersurer and saw participation by Omidyar Network, Flourish Ventures, Accion Venture Lab, and Kalaari Capital. Toffee Insurance, an online insurance platform, operated by Gurugram-based Toffcover Core Technologies, has raised $5.5 million in a Series A round, led by IVM Intersurer. The Toffee team co-operated and supported in crediting the claim amount on time. View Toffee Insurance (www.toffeeinsurance.com) location in Haryana, India , revenue, industry and description. Toffee Insurance, which is an online insurance platform, has now secured $5.5 million in the funding round of Series A led by the IVM Intersurer and saw the participation from the Flourish Ventures, Accion Venture Labs, Kalaari Capital and Omidyar Network. BENGALURU: Digital-only insurance startup, Toffee Insurance, said it has raised $1.5 million in a seed funding round, led by Kalaari Capital, Omidyar Network and Accion Venture Lab. Small ticket insurance – Incumbent insurers have caught on fast with this trend, but Toffee Insurance stands out with its Kamai Bachao Yojna, dengue insurance, etc. Online insurance platform Toffee Insurance secured $5.5 million in its Series A round that was led by IVM Intersurer and saw participation by Omidyar Network, Flourish Ventures, Accion Venture Lab, and Kalaari Capital. Process was really smooth, from buying to claims. The company plans to use the funds for product development and team expansion. $5,500,000 Community-created profile of Toffee Insurance in Gurugram including executive profiles, news and insights, videos and contact information. Toffee Insurance closes USD 1.5 Mn in seed funding May 29, 2018 by neha New Delhi: Toffee Insurance, India’s first digital-only insurance platform for millennials, on Tuesday announced receiving funds worth USD 1.5 million in a round of seed funding led by Kalaari … Toffee is an insurance technology company offering bite-sized insurance for everyday moments. In May of last year, Toffee Insurance raised $1.5 million in its seed funding round that was led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Find related and similar companies as well as employees by title and much more. Toffee Insurance was founded in 2017. movie ticket. Toffee Insurance . Existing investors Omidyar Network, Accion Venture Lab and Kalaari Capital also participated in the funding round, said Toffee Insurance in a statement. In May of last year, Toffee Insurance raised $1.5 million in its seed funding round that was led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Kalaari Capital and Omidyar Network are the most recent investors. Toffee Insurance, an online insurance platform, operated by Gurugram-based Toffcover Core Technologies, has raised $5.5 million in a Series A round, led by IVM Intersurer. It plans to use the latest funds to expand and leverage three areas—data and product, merchant and customer experience, and lateral distribution—said the company in a statement. Golf Course Extension Road, Their latest funding was raised on Dec 18, 2019 from a Series A round. We work only with the most awesome people. Toffee Insurance was founded by Nishant Jain and Rohan Kumar in December 2017. Founded in 2017, Toffee Insurance was started by Nishant Jain and Rohan Kumar. Funding Detail: Toffee Insurance has raised a total of $1.6M in funding over 2 rounds. The Digital Insurer has built the world's largest dedicated Digital insurance platform Toffee has raised $1.5 million (around Rs 10 crore) in seed funding led by venture capital firm Kalaari Capital, impact investors Omidyar Network and Accion Venture Lab, a company statement said. The questions are about Toffee Insurance funding, Toffee Insurance revenue, Toffee Insurance founder, Toffee Insurance CEO, Toffee Insurance Head office, Toffee Insurance contact details and more. Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved . Toffee Insurance closes USD 1.5 Mn in seed funding May 29, 2018 by neha New Delhi: Toffee Insurance, India’s first digital-only insurance platform for millennials, on Tuesday announced receiving funds worth USD 1.5 million in a round of seed funding led by Kalaari … About Toffee Insurance. Sector 50 Explore Companies Investors Top 50 Streams Trending tech news Latest investments Latest acquisitions ... Funding 2 Add info Add round 18 Dec 2019. BENGALURU: Digital insurance platform Toffee Insurance has raised $1.5 million in a seed round led by Kalaari Capital, Omidyar Network and Accion Venture Lab.The firm plans to use the fresh funds on product development and expanding its team. This is Toffee Insurance’s second consecutive raise from four of the five key investors after their initial funding round of $1.5 million in 2018. Toffee Insurance is funded by 6 investors. Toffee Insurance has raised a total of $5.5M in funding across 1 rounds. Toffee plans to use the funds to focus on product development and expanding its team. The Digital Insurer is committed to working together to accelerate the digital transformation of insurance. The Gurugram-based startup focused on millennials will use the capital infusion in product development as well as swelling its team size. Digital insurance platform Toffee has raised $1.5 million (around Rs 10 crore) in seed funding led by venture capital firm Kalaari Capital, impact investors Omidyar Network and Accion Venture Lab, a company statement said. Funding Detail: Toffee Insurance has raised a total of $1.6M in funding over 2 rounds. Digital-only insurance platform Toffee Insurance has raised $1.5 Mn (INR 10 Cr) in a Seed funding round led by Kalaari Capital, Omidyar Network and Accion Venture Lab. See insights on Toffee Insurance including office locations, competitors, revenue, … Sector: Financial services Funding raised: $100,000 angel round Navigating the insurance landscape is a daunting task, given the complexity of the offerings, phraseology and diverse number of options. Toffee Insurance last raised $5.5M false. The only insurance plan you’ll ever need Toffee Insurance is making insurance affordable, relevant and accessible for everyone with its one simple plan that covers for health, life, household and more. List of Toffee Insurance 's 3 Funding Rounds from 6 Investors. When was Toffee Insurance founded? Toffee Insurance, an online insurance platform for millennials, has raised $1.5 million in a round of seed funding in a round led by Kalaari … in a round of seed funding led by Kalaari Capital, Omidyar Network and Accion Venture Lab. Details on Toffee Insurance raising funds on Wednesday, December 18th from Accion Venture Lab, Flourish .... News links about this funding. Kalaari Capital and Omidyar Network and Accion Venture Lab have led a $1.5 million seed round in digital-only insurance startup Toffee insurance. Kindhealth, Proformex, Descartes Underwriting and InvestSure is the definitive source of toffee insurance funding information on millions of companies people. 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