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Verak

Acquired

Better Business Insurance for MSMEs in India

Winter 2021Founded 202045 peopleBengaluru, India; Navi Mumbai, MH, India
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↻ Pivot / rename signal

This company has previously operated under β€œBimaPe”. A rename frequently marks a pivot in positioning or product β€” useful raw material for variant ideas.

About

Verak is now part of InsuranceDekho as of April 2023. Verak offered next day coverage starting at β‚Ή8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*) Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.

Founders Β· 1

Rahul Mathur
Rahul MathurFounder

Now: Pre-Seed Investor @ DeVC Prev: Founder @ Verak (acquired by InsuranceDekho)

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