Founded
2020
Team Size
100
Total Funding
₹41.5 Cr
Valuation
₹208 Cr
About
Digital insurance platform for SMEs.
Unique Selling Proposition
Core Differentiator
Verak offers tailored insurance solutions specifically designed for SMEs.
Target Market
Small and medium enterprises in India.
Key Innovation
Streamlined digital processes for insurance purchases and claims.
Competitive Moats
🌐Network Effects
Medium
Growing user base enhances value and trust in the platform.
⭐Brand
Weak
Building reputation in the specialized SME insurance market.
Funding Snapshot
Free preview
₹12.4 Cr
Total Raised
1
Round
Latest Round
Latest · 2025-01-01
Unlock the full funding history below — every round's amount, valuation & investors.
Funding History
Latest Round
2025-01-01
₹12.4 Cr
Investors
Various Investors
Details
Financial Metrics
Growth Rate
15%
Funding Rounds
1
VedAI Score
639/1000
Developing
Verak
InsurTech