Insurance potential to drive VC investments in India: KPMG :

Insurance potential to drive VC investments in India: KPMG


Insurance potential to drive VC investments in India: KPMG
ANI |
Updated: Apr 22, 2021 15:26 IST
New Delhi [India], Apr 22 (ANI): Venture capital (VC) in India was robust in Q1 2021 with a wide range of sectors attracting 100 million dollar plus funding rounds including edtech, grocery delivery and gaming, KPMG Pvt Enterprise said on Thursday.
The velocity of deals was also quite rapid, with companies getting higher valuations, it said in its quarterly report.
Insurance as a whole is a growing sector in India, particularly general insurance and health insurance. The penetration of insurance products in the country is increasing with consumers becoming more interested in different products than they have been historically.

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