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Gopu S K
This Indore-Based Insurance Startup Serves Around 350 Businesses Within a Year and Eyeing a Gross Premium of 20 Crore Next FY
By Gopu S K
Tejas Jain launched the Indore-based business insurance platform, BimaKavach, in 2021, along with his father, R.K Jain, who is the COO of the startup. Notably, one of the world's biggest insurance marketplaces is in India. However, the SME (small and medium enterprises) sector remains unexplored, primarily in insurance penetration.
The D2C electronics brand boAt Raises INR 500 Cr From Warburg, Malabar
By Gopu S K
boAt, the D2C electronics company, has secured INR 500 Cr ($61 million) from existing investors, a Warburg Pincus affiliate, and new investor Malabar Investments. The D2C electronics brand intended to use the incoming funding to support company growth. The company aims to scale up domestically and internationally through all channels and regions.
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