Sustainability and circular packaging to take centre-stage at PackPlus 2023 with over 250 exhibitors
(This story has not been edited by THE WEEK and is auto-generated from a PTI
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(This story has not been edited by THE WEEK and is auto-generated from a PTI
BimaKavach will use the funds to develop risk covers of new-age businesses and invest in risk management technology
Bangalore (Karnataka) [India], October 6 (ANI/NewsVoir): Indore-based BimaKavach, a business InsurTechstartup, has raised USD 2m in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company aims to utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas Jain, Founder, BimaKavach said, "In India, nearly 95 per cent start-ups / MSMEs are uninsured. Most businesses do not realize that having the right insurance coverage is key to fi...