Funding
Finsall raises Rs 15 Cr in bridge round
Insurance-first BNPL startup
has raised Rs 15 crore in a bridge round led by Unicorn India Ventures and Seafund, with additional involvement from other institutional investors.The startup will use the funds to set up an NBFC to scale its lending operations and tech enhancement to develop user-friendly interfaces for insurance companies, brokers, agents and lending partners (banks and NBFCs).
It also aims to use the capital to develop more strategic partnerships with insurers, intermediaries, and lenders to broaden service offerings and enhance distribution channels.
D2C company Palette Brands raise nearly $2M in pre-Series A round
Palette Brands, a next-generation consumer goods company, raised close to $2 million in a pre-Series A round led by Rockstud Capital. Existing investors, including IPV and Dholakia Ventures, and angel investors Stoffer…