Square Insurance operates as a life and general insurance broker based in Jaipur. The company will use its recent funding to develop technology for cattle insurance aimed at addressing farmers' needs in rural areas. It plans to create customized micro-insurance products in collaboration with insurers and to form strategic partnerships with fintech and e-commerce companies. Founder and MD Rakesh Kumar said the capital will enable the firm to enhance offerings and extend reach into new, particularly rural, markets. The announcement positions the company to focus on technology-driven insurance solutions for underserved agricultural customers.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2024