InsuranceDekho Secures $70 Million Funding Led by Beams Fintech Fund, MUFG, BNP Paribas Cardif

InsuranceDekho, an insurtech company founded in 2017, has secured $70 million in a funding round co-led by Beams Fintech Fund, Mitsubishi UFJ Financial Group (MUFG), and BNP Paribas Cardif. The company plans to utilize the funds to expand its distribution network and enhance its technology-driven insurance solutions. With over 10.2 million customers served and a footprint across 99% of India's pin codes, InsuranceDekho is positioned as a leading player in the Indian insurance market. This follows a previous $60 million Series B funding round led by MUFG. Sagar Agarvwal from Beams Fintech expressed strong confidence in InsuranceDekho’s growth and vision. The latest investment marks Beams Fintech's second foray into 2025, further solidifying its portfolio in the fintech sector.