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