Beams Fintech Fund has made an investment of approximately ₹83.4 crore ($10 million) in InsuranceDekho, as a part of its Series B fundraise.
Led by Beams Fintech Fund, InsuranceDekho raised a total of $60 million in this fundraise which also saw participation from TVS Shriram Growth Fund 3, MUFG Bank Ltd, Goldman Sachs., Avataar Venture Partners II and C Development.
Khaitan & Co advised Beams Fintech Fund in this investment deal.
The core team consisted of Kartikeya Prakash (Partner), Mihir Roy (Principal Associate), Sivananda Pingali (Senior Associate), Srishti Mukherjee (Senior Associate) and Sanket Pargaien (Associate) with assistance from Avin Jain (Principal Associate), and Harshita Mishra (Associate).
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