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India Digest: S Chand picks stake in AToZLearn; ZingBus in talks to raise funds

Egypt's insurtech Amenli raises $2.3 million Seed

Egypt-based insurtech Amenli has raised a $2.3 million Seed round from GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,.

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YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers – TechCrunch

The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries […]

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Zingbus Funding: Zingbus raises Rs 44.6 crore from Infoedge Ventures, others

Zingbus Funding: Zingbus raises Rs 44.6 crore from Infoedge Ventures, others
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