Funding Friday: Insurance & Consumer Space – Focus of 2019
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1) Consumer space is the focus of 2019. Mumbai-based yogurt brand, Epigamia gets fresh funding of $25.58 million led by Belgium-based Verlinvest & Danone Manifesto Ventures.
2) Insurance space is as hot as ever. Online insurance distribution startup Turtlemint has closed a $25 million funding round led by Sequoia India.
3) Online mutual fund investment space is also catching up. Bengaluru-based Scripbox has raised $21.4 million in a Series C funding round led by existing investor Accel Partners.
4) Digital lending is the new fad. Pune-based nonbanking finance startup Loantap has raised $8 million through a combination of debt and equity in fifth round of funding.
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