ABOUT TDI. 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. Other fund raisings in Finance, in India. Toffee Insurance Raised $1.5 Million From Kalaari Capital, Omidyar Network, Accion Venture Labs; India’s first digital-only insurance platform for millennials, Toffee Insurance, has raised $1.5 million (about Rs 10 crores) in a seed funding round led by Kalaari Capital, Omidyar Network and Accion Venture Lab. Toffee plans to use the funds to focus on product development and expanding its team. includes any. Toffee plans to use the funds to focus on product development and expanding its team. No … Toffee Insurance, a digital first insurtech startup, has secured series A funding of $ 5.5 million. 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. 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. 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. Funding Detail: Toffee Insurance has raised a total of $1.6M in funding over 2 rounds. See Toffee Insurance's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Toffee Insurance last raised $5.5M false. Toffee Insurance is funded by 6 investors. 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 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. This funding round was led by IVM Intersurer with … 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. Golf Course Extension Road, 122018. Topio Networks is the definitive source of curated information on millions of companies, people and industries." "Toffee Insurance specializes in contextual micro-insurance products that decrease the financial risks carried by uninsured people in India. Toffee plans to use the funds to focus on product development and expanding its team. The Gurugram-based startup focused on millennials will use the capital infusion in product development as well as swelling its team size. Less than a Unitech Business Zone, This funding round was led by IVM Intersurer with … Toffee Insurance was founded in 2017. Their latest funding was raised on Dec 18, 2019 from a Series A round. 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. We write about you, your risks, your life. 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. The Toffee team co-operated and supported in crediting the claim amount on time. Toffee Insurance provides accessible and affordable insurance policies contextual to the user's lifestyle. New Delhi, May 29, 2018: Toffee Insurance, India’s first digital-only insurance platform for millennials has raised $1.5 million (INR 10 crores approx.) Toffee Insurance is an all-digital, insurance technology company, offering bite-sized insurance for everyday moments. Toffee Insurance provides features such as a user-friendly UX, average purchase time of 90 seconds, average claim approval time of two hours, etc. Toffee Insurance is funded by 4 investors. It employs features such as average purchase time of 90 seconds and average claim approval time of two hours to cater to the millenials. When was Toffee Insurance founded? 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. 3 results Search. Gurugram, Haryana 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. 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 … 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. Organization Name . 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. Toffee Insurance has raised a total of $7.1M in funding over 3 rounds. Toffee Insurance was founded in 2017. 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. Shopkeeper told me about insurance and I activated it myself, Hardly took 2 mins. Compare Toffee Insurance to its competitors by … 3 results Statistics . Existing investors Omidyar Network, Accion Venture Lab and Kalaari Capital also participated in the funding round, said Toffee Insurance in a statement. The Gurugram-based startup raised $1.5 million in its seed funding round last year, led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. 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. Explore Companies Investors Top 50 Streams Trending tech news Latest investments ... Funding 2 Add info Latest funding. New Delhi [India], May 29 (ANI): 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 Process was really smooth, from buying to claims. Kalaari Capital and Omidyar Network are the most recent investors. Toffee Insurance, founded in 2017 by Nishant Jain and Rohan Kumar, differentiate itself by offering unique insurance policies in a digital-only format. See insights on Toffee Insurance including office locations, competitors, revenue, … Sometimes we write about insurance too. 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. Get in Touch with us at +91-938-9-938-938 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. Gurugram, India-based insurance technology (Insurtech) firm Toffee Insurance revealed on December 17 that it had secured $5.5 million via a Series A … In total Toffee Insurance has raised $7.0M. Toffee Insurance hasn't added any jobs yet. Existing investors Omidyar Network, Accion Venture Lab and Kalaari Capital also participated in the funding round, said Toffee Insurance in a statement. Toffee is an insurance technology company offering bite-sized insurance for everyday moments. Sector 50 Rohan Kumar, CEO and Co-founder, Toffee Insurance. 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. movie ticket. 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Dec. 18, 2019 — Closing the year on a high note, Toffee Insurance successfully secured its Series A funding of $5.5 million led by IVM Intersurer with Omidyar Network, Flourish Ventures, Accion Venture Lab and Kalaari Capital. Toffee plans to … 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 Digital Insurer has built the world's largest dedicated E.g. Kalaari Capital and Omidyar Network are the most recent investors. The firm said that buying insurance on its platform takes less than 90 seconds and simple claims are processed in under two hours via a … Toffee Insurance has 59 employees at their 1 location and $7.10 m in total funding,. 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. Toffee plans to use the funds to focus on product development and expanding its team. Their latest funding was raised on May 29, 2018 from a Seed round. Toffee Insurance's last funding round was on Dec 2019 for a total of $5.5M Find related and similar companies as well as employees by title and much more. Toffee Insurance has raised a total of $5.5M in funding across 1 rounds. 3. VC firm Flourish Ventures also participated in the round. List of Toffee Insurance 's 3 Funding Rounds from 6 Investors. Add Funding Rounds filter . About Toffee Insurance. Operator. 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. View Toffee Insurance (www.toffeeinsurance.com) location in Haryana, India , revenue, industry and description. Their latest funding was raised on May 29, 2018 from a Seed round. We promise quick purchases and hassle-free claims. Compare Toffee Insurance to its competitors by … Toffee is an 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 Insurance's main competitors include KindHealth, Proformex, Descartes Underwriting and InvestSure. in a round of seed funding led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Ltd. 304-309 Tower C, Details on Toffee Insurance raising funds on Wednesday, December 18th from Accion Venture Lab, Flourish .... News links about this funding. 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. 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, 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. 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. Toffee Insurance's top competitors are Acko General Insurance Limited, Coverfox and PolicyBazaar. Funding Detail: Toffee Insurance has raised a total of $1.6M in funding over 2 rounds. In India, with its vast size and mostly uninsured and under-insured population, the insurance penetration is at a single digit percentage. Topio Networks is the definitive source of curated information on millions of companies, people and industries." Toffee Insurance closes $1.5 mn in Seed Funding This website uses … As global fintech investors, this flexible model created by Toffee Insurance is one we want to amplify and replicate in other markets to help solve the global financial health crisis.”. "Toffee Insurance specializes in contextual micro-insurance products that decrease the financial risks carried by uninsured people in India. 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. 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. 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. See insights on Toffee Insurance including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The company plans to use the funds for product development and team expansion. Crunchbase, Slack, Lyft. $5,500,000 Venture capital (Series A) - 2019 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. In an interaction with Moneycontrol, Rohan Kumar, CEO and co-founder of Toffee Insurance said the first round of funds was proof of … $5,500,000 Funding; Jobs; Jobs at Toffee Insurance. Toffee Insurance, a digital first insurtech startup, has secured series A funding of $ 5.5 million. Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved . Toffee Insurance is making insurance affordable, relevant and accessible for everyone with its one simple plan that covers for health, life, household and more. Founded in 2017, Toffee Insurance was started by Nishant Jain and Rohan Kumar. 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. 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. Toffee Insurance is an all-digital, insurance technology company, offering bite-sized insurance for everyday moments. 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. Corporate Agent (Composite)Design For Use Consulting Pvt. Since Toffee Insurance was founded in 2017, it has participated in 2 rounds of funding. Our partners are the ones who care about their customers. Toffee Insurance , India’s first digital-only insurance platform for millennials has raised $1.5 million (INR 10 crores approx.) in a round of seed funding led by Kalaari Capital, Omidyar Network and Accion Venture Lab. Details on Toffee Insurance: funding history, funding news, description, investors (Accion Venture Lab, Kalaari Capital, Omidyar Network) and more. 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. My son's bicycle was stolen and the claim was processed at the earliest without any trouble. Toffee Insurance last raised $5.5M false. Save Search . Community-created profile of Toffee Insurance in Gurugram including executive profiles, news and insights, videos and contact information. We work only with the most awesome people. Community-created profile of Toffee Insurance in Gurugram including executive profiles, news and insights, videos and contact information. The startup makes insurance accessible and affordable by creating multiple innovative, single-event products in new categories. 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. 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 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 … The service which I received was superb, I did not have to do any follow-ups. The insurance market is estimated to surpass 4 percent in 2017 and projected to quadruple over the next 10 years from $60 billion, according to various media reports. Toffee Insurance has raised a total of $5.5M in funding across 1 rounds. Toffee Insurance . Toffee Insurance is funded by 4 investors. Toffee Insurance's main competitors include KindHealth, Proformex, Descartes Underwriting and InvestSure. The Gurugram-based startup raised $1.5 million in its seed funding round last year, led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Toffee Insurance has 59 employees at their 1 location and $7.10 m in total 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. Toffee plans to use the funds to focus on product development and expanding its team. 3. 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 Capital, Omidyar Network and Accion Venture Lab.To focus on product Currently, the company is focusing on improving its product and building a team with capabilities across data … Toffee Insurance was founded by Nishant Jain and Rohan Kumar in December 2017. These are aimed at strengthening the safety net for the next half billion, that is, the 500 million first-time internet users expected to come online within the next five years via their mobile phones, said the company in a statement. When was Toffee Insurance founded? Get notified when Toffee Insurance posts new jobs. The experience with Toffee was excellent, the claim amount was credited in my account within 7 - 8 working days. See similar jobs Create job alert. 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