Pazcare worker benefits and insurtech stage, has brought $8.2 million up in a subsidizing round drove by Jafco Asia. The round additionally seen cooperation from existing financial backers 3one4 Capital and BEENEXT. The new asset will be used to reinforce and extend the product offering and development of the business.
“India as an economy is going through perhaps of the most thrilling time. Protection as a market will see jump development in the ongoing ten years. We accept wellbeing and life coverage entrance will be boss driven and we need to assume a significant part in giving top notch advantages to Indian representatives,” said Sanchit Malik, prime supporter, Pazcare.
Pazcare has guaranteed workers from north of 500 organizations. The organization means to on-board in excess of 2000 organizations throughout the following couple of quarters. Throughout the comping years, Pazcare likewise plans to broaden its contributions past medical services and be an all inclusive resource for a wide range of worker benefits. As of now, the organizations that have protected with Pazcare incorporate are Mindtickle, Mamaearth, Levi’s, Cashkaro among others, guaranteed by the organization in a proclamation.
“B2B protection is a huge void area in Asia. Pazcare is exceptional to disturb this space and the organization’s number justifies itself. Sanchit specifically is an exceptionally trusted and visionary CEO and prepared pioneer. Pazcare can change B2B protection space in an entirely imposing manner,” said Supriya Singh, head of South Asia ventures, Jafco Asia.
