Verak
acquired by InsurancedekhoYC W21 ↗Bengaluru, IN · Founded 2020 · 45 employees · 6 known investors
Verak provides property insurance for small and medium-sized businesses in India, covering facilities like shops and warehouses against natural and man-made disasters, with coverage available the next day starting at ₹8 per day and delivered through WhatsApp-based claims processing.
Founders & leadership· Y Combinator alumni (W21)
RM
Rahul Mathurin𝕏Founder
Investors · 6
Gemba Capital Venture PartnersBengaluru · $250K
Vibe CapitalNew York · $10K – $10Mvia Ankur Nagpal · inferred
Y CombinatorSan Francisco · $500K
iSeedreportedBangalore · $250Kvia Utsav Somani · inferred
Lightspeed India PartnersreportedTrianonvia Hemant Mohapatra · inferred
Titan CapitalreportedScottsdale · $249K – $15M
In the news
- India Digest: Zero Cow Factory bags $4m; InsuranceDekho acquires Verakdealstreetasia.com · 2023
- Insurtech startup InsuranceDekho acquires Lightspeed-backed Verak- Moneycontrol.commoneycontrol.com · 2023
- InsuranceDekho acquires Sequoia-backed SME insurance firm Verakvccircle.com · 2023
- Insurtech startup InsuranceDekho acquires Verak, says CEO Ankit Agrawal | Mintlivemint.com · 2023
- Insurtech Startup BimaPe Shuts, Founder Launches New Platform Verakinc42.com · 2021
- BimaPe raises $545Kcoverager.com · 2021
