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GramCover
company
About
GramCover is an InsurTech marketplace that offers rural insurance products to farmers.
- 11 - 50
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- ₹1.19M
- Industries
- Farming,Financial Services,FinTech,InsurTech,Marketplace,Payments
- Founded date
- Jan 1, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
GramCover is an InsurTech marketplace for rural India. GramCover focuses on the development and brokerage of rural insurance products to farmers. It aims to reduce costs and increase penetration in rural areas by leveraging technology and an innovative distribution approach.GramCover's mobile insurance platform enables their partners to onboard their customers digitally anytime. The platform supports multiple collection options well suited for rural customers. Insurance Policies can be issued instantly.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
₹1.19M $20M
GramCover has raised a total of
₹1.19M $20M
in funding over 2 rounds. Their latest funding was raised on
May 26, 2020 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 26, 2020 | Seed | $20M | 1 | — | — | Detail |
| Nov 15, 2016 | Seed | ₹1.19M | 1 |
Omnivore
|
— | Detail |
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