BimaPay raised $2m in a seed funding led by LC Nueva Investment Partners to revolutionise insurance technology in India.
Amount Raised
$2 Million
Round Type
Seed
DelhiFinancial ServicesLendingInvestors
Description
BimaPay has secured a funding boost of $2m orchestrated by LC Nueva Investment Partners. The infusion of $2m will be strategically utilized to scale BimaPay’s operations and enhance its technological infrastructure. This capital injection is aimed at strengthening its partnerships and broadening its reach to underserved markets, thereby increasing insurance penetration through financial inclusion.
Quick answer
BimaPay raised $2 Million in a Seed round, dated May 15, 2024. Investors: LC Nueva Investment Partners. BimaPay is based in Delhi, Delhi, India.
- How much did BimaPay raise?
- BimaPay raised $2 Million in a Seed round on May 15, 2024.
- Who invested in BimaPay?
- LC Nueva Investment Partners is named as investors in this round.
- What does BimaPay do?
- BimaPay is a company at the forefront of transforming the insurance industry through its digital lending services.
- Where is BimaPay based and how big is it?
- BimaPay is based in Delhi, Delhi, India.
- Who are the decision-makers at BimaPay?
- Fundz holds 1 contact at BimaPay. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending around the same time
Companies in the same sectors as BimaPay that raised within 45 days of this round, from Fundz verified event records.
- Kogta Financial raised $100M (Private Equity) on June 26, 2024.
- GBank Financial Holdings raised $3.3M on June 25, 2024.
- Lxme raised $1.2M (Seed) on June 25, 2024.
- Konsi raised $1M (Seed) on June 24, 2024.
- Numerated raised an undisclosed amount (Corporate Round) on June 20, 2024.
- Gynger raised $20M (Series A) on June 20, 2024.
Who to call at BimaPay, and when
A new round usually means BimaPay is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day BimaPay raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at BimaPay, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at BimaPay. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment BimaPay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
BimaPay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.