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Riskcovry
Building the 'financial infrastructure' for insurance distribution in India
About Riskcovry
Riskcovry was founded in 2018 by a team of experienced professionals: Asif CH, Chiranth Patil, Sorabh Bhandari, Suvendu Prusty, and Vidya Sridharan. The company set out with a vision to revolutionize the insurance industry through a digital distribution platform that offers multi-category insurance solutions.
In its early days, Riskcovry focused on building a robust SaaS platform that could seamlessly integrate with various partners, enabling them to offer insurance products efficiently. This approach allowed businesses to embed insurance into their existing services, making it more accessible to their customers.
Riskcovry's innovative model quickly gained traction, attracting significant attention from investors. Over the years, the company raised a total of $14.4 million in funding across five rounds, supported by 39 investors. This financial backing was crucial in scaling their operations and expanding their market reach.
As the company grew, it continued to enhance its platform, adding new features and capabilities to meet the evolving needs of its partners and customers. Riskcovry's commitment to innovation and customer-centric solutions positioned it as a leader in the insurtech space.
Today, Riskcovry stands as a testament to the power of digital transformation in the insurance industry, offering a comprehensive platform that simplifies the distribution of insurance products and empowers businesses to provide better services to their clients.
Source: Dealroom company dataAt a glance
- Founded
- 2018
- Headquarters
- Mumbai, India
- Sector
- Fintech
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Better Capital
Bharat Inclusion Seed Fund
Varanium Capital
Series A4 investors entered at this stage
Omidyar Network
Pentathlon Ventures
DMI Sparkle Fund
Morphosis Venture Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Riskcovry on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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