Indian insurtech startup Zopper snaps up $75M in Series C funding
Zopper, an insurance tech startup in New Delhi, has raised $75 million in a Series C funding round led by Creaegis. The round was also participated by ICICI Venture, Bessemer Venture Partners, and its existing investor Blume Ventures.
The company operates an API platform for insurance infrastructure and delivers small, personalised insurance products from partner insurers to distribution partners.
Since launching in 2011, Zopper has partnered with over 150 companies from various industries and is now present in over 1,200 cities in India with a goal to democratise access to insurance distribution.
Its new funds, according to a report by Tech Crunch, will be used to increase its headcount and look into opportunities to acquire other startups.
RaphaCure launches mobile corporate health app
Health technology firm RaphaCure has gone live with its mobile health and wellness app for corporate employees.
Launched on Android and iOS devices, the new RaphaCure app hosts the company’s corporate wellness offerings.
“Corporate customers can now search, connect, and book RaphaCure’s multiple corporate health and wellness packages from their mobile devices,” said CEO and founder Jeyakumar.
Based on a press release, RaphaCure seeks to capture the growing corporate health and wellness market in India, which is estimated to be worth $6.7 billion.
The app launch comes two months after it released RaphaNeu, its online mental healthcare service package for the education sector.
HealthEM.AI supports dentists’ decision-making with data analytics
Health data analytics company HealthEM.AI has partnered with US-based dental service organisation Marquee Dental Partners.
The partnership aims to equip dentists with insights from patient data, ultimately improving clinical outcomes.
“Our goal is to efficiently arm doctors with a set of insights regarding each patient’s current overall and oral health. Insights that are predictive in nature allow doctors to take preventative steps today to avoid future health problems,” explained Marquee CEO Fred Ward.
“HealthEM.AI helps Marquee unlock value from patient and operations data and provides meaningful insights for decision-making that benefit patients and improve clinical outcomes,” added Pradeep Kumar Jain, chief product officer of the Bengaluru-based company.