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Based in Mumbai, India, Finhaat operates a business-to-business software-as-a-service platform that distributes insurance, wealth management, and wellness services to rural and semi-urban populations. Through its core system and the Finhaat Wealth platform, the company partners with local agents, non-banking financial companies, and microfinance institutions to deliver tailored life, health, general, and parametric insurance products digitally. Utilizing an insurance broking license obtained in 2022, the network currently supports over 200 partner institutions and 3,000 agents across 85 percent of the country's postal codes. Finhaat has served eight million customers and facilitated more than six million policies, reaching a monthly premium run rate of 20 crore rupees. In October 2023, the enterprise secured $3 million in a pre-Series A funding round led by Omnivore, alongside Kettleborough VC. Finhaat was founded in 2021 by Vinod Singh, Sandeep Katiyar, and Navneet Shrivastava.
Finhaat has raised $3.0M across 1 funding round.
Finhaat has raised $3.0M in total across 1 funding round.
Finhaat has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 21, 2023 | $3M Seed | Kettleborough VC, Jinesh Shah | — | Announced |
Finhaat has raised $3.0M in total across 1 funding round.
Finhaat's investors include Kettleborough VC, Jinesh Shah.
