Tech Company Financing Transactions
Finsall Funding Round
Finsall, based in Bengaluru, Karnataka, secured $1.8 million in investment from SeaFund, Unicorn India Ventures and private investors.
Transaction Overview
Company Name
Announced On
6/12/2024
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Undisclosed
Investors
SeaFund (Lead Investor)
Unicorn India Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop intuitive, user-friendly interfaces to provide seamless digital experiences for key stakeholders including insurance companies, brokers, agents and lending partners (Banks and NBFCs), and to develop more strategic partnerships with insurers, intermediaries, and lenders to broaden service offerings and enhance distribution channels.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Ground Floor, 171, 9th Main Rd, Sector 7, HSR Layout
Bengaluru, Karnataka, 560102
India
Bengaluru, Karnataka, 560102
India
Phone
Website
Email Address
Overview
Finsall is enabling every Indian with an affordable, simplified, seamless digital premium financing experience. Finsall has pioneered India's insurance premium financing industry. We are determined to maintain our position as the most trusted partner for the ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tim Mathews
Chief Operating Officer
Prabal Khanna
Founder
Promod Khanna
Browse more venture capital transactions:
Prev: 6/11/2024: Zeliq venture capital transaction
Next: 6/12/2024: Symbiotic venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs