Insurtech start-up OneAssure raises Rs 5 crore pre-seed funding from industry veterans
- ByStartupStory | December 15, 2021
Founded in October 2020 by Ruchir Kanakia and Shreyans Maini, OneAssure’s platform is an insurance marketplace selling health insurance and other related services. The startup says it is on track to achieve Rs 7.50 crore in premiums processed by the end of FY21
Insurtech start-up OneAssure on December 14 said that it has raised Rs 5 crore in pre-seed funding round from a host of angel investors.
The investors include Arun Venkatachalam of the Murugappa family, currently part of the leadership team at CG Power Systems, Dell Technologies’ Asia and Japan President Amit Midha, Cloudnine Hospitals co-founder and MD Rohit MA, and Dunzo co-founder Dalvir Suri.
The list also features Suryoday Microfinance Co-Founder Ganesh Rao, who is the CEO at New Opportunity Consultancy, and International Finance Corp executive Santoshkumar Vasudevan.
OneAssure was founded in October 2020 by Ruchir Kanakia and Shreyans Maini. Kanakia has previously worked with Cuemath and Instamojo and Maini’s last stint was at Hotstar.
The start-up has positioned itself as an insurance marketplace selling health insurance and other related services and the platform is functioning in beta mode. The company said it is on course to achieve Rs 7.50 crore in premiums processed by the end of FY21.
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