bolttech, a Singapore-based world insurtech offering a tech-ecosystem for defense and insurance coverage, raised an undisclosed quantity in Sequence C up funding.
The spherical was led by Dragon Fund, by Liquidity and MUFG, with participation from Baillie Gifford, Generali – by Lion River, the Group’s firm
devoted to Non-public Fairness, and others. Ridhi Chaudhary, CIO of Dragon Fund, is becoming a member of the Board of Administrators.
The Sequence C up-round values bolttech at US$2.1 billion.
The spherical is anticipated to complete greater than US$100m.
The corporate intends to make use of the funds to proceed to reinforce its platform’s capabilities, develop its market presence globally, and speed up its purpose to make insurance coverage higher for patrons.
bolttech is a worldwide insurtech with a mission to construct a technology-enabled ecosystem for defense and insurance coverage. bolttech serves clients in additional than 35 markets throughout Asia, Europe, North America, and Africa. With a full suite of digital and data-driven capabilities, the corporate empowers connections between insurers, distributors, and clients to make it extra environment friendly to purchase and promote insurance coverage and safety merchandise.
FinSMEs
20/12/2024
