Insurtech: Gurugram, India-based Insurance Technology Firm Toffee Insurance Secures $5.5 Million via Series A Round

Crowdfund Insider

Gurugram, India-based insurance technology (Insurtech) firm Toffee Insurance revealed on December 17 that it had secured $5.5 million via a Series A investment round led by IVM Intersurer, Omidyar Network, Flourish Ventures, Accion Venture Lab and Kalaari Capital.

Toffee says it will use the capital raised to further expand its product offering, enhance merchant and customer experience, improve technology infrastructure and distribution efficiency.

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