Insurance Sector Funding Report 2021-2022 in India
Insurnest publishing market research result for funding of Insurance industry.
Our Insights
- Companies who got funding in 2021, in the last 1 year,
- 60% of companies grew their digital technology team.
- 70% of companies grew their business and sales team.
- 45% of companies grew their finance team.
- Companies who got funding in 2022, in the last 1 year,
- 71% of companies grew their digital technology team.
- 65% of companies grew their business and sales team.
- 52% of companies grew their finance team.
- In 2021 and 2022 highest number of seed rounds took place.
- Startups that raised funds in 2021^ 10% of them re-raised funds in 2022,
- In 2022 Startups acquired Technology companies to strengthen their capabilities.
- We show growth in Insurance Infrastructure startups such as Riscovery, Zopper and InsureMO.
- More funding rounds in General Insurance Sector.
- Total Investment amount grew in 2022 but^ number of investors invested decreased.
- Investment in Insurance sector more than doubled in 2022.
