Insurance broking startup Finhaat raises $3 mn for business expansion

Finhaat, an insurance broking startup, said on Wednesday it has raised $3 million in a seed funding round led by Omnivore and attended by Kettleborough VC.

Finhaat provides digital insurance services to rural communities and middle- and low-income people in Tier-II and Tier-III cities.

“With this round, we hope to expand further by building robust technological models, enriching product experience, introducing innovative products, enhancing our partner base, and hiring resources for new verticals. We are determined to transform the financial services space for the underserved,” said Vinod Singh, co-founder of Finhaat.