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Wishleaf
Customized general insurance solutions for budget-conscious consumers
About Wishleaf
Wishleaf, legally known as Lapetus Technology And Services Private Limited, was a digital insurance company based in Bhubaneswar, India. It was founded in 2020 by Biswadeep Kumar Nayak and Nitish Kumar Nayak. The company aimed to provide customized and affordable general insurance solutions, making the process transparent and accessible through technology. Wishleaf specialized in insurance for budget-friendly consumers and was developing new products for the automotive, health, and electronic gadgets sectors.
In June 2021, the insurtech startup secured $3.5 million in a Series A funding round led by a California-based investment firm. This capital was intended to scale its engineering, business development, and operations teams. The company targeted the budget insurance market in India, which was estimated to be a $3.5 billion sector. Despite its initial funding and plans, Wishleaf is now reported as a deadpooled company.
Source: Dealroom company dataAt a glance
- Headquarters
- Bhubaneswar Municipal Corporation, India
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