InsuranceDekho acquihires Verak to expand SME insurance offerings

  • InsuranceDekho acquihires Verak, a Mumbai-based SME insurance distribution firm.
  • This will strengthen InsuranceDekho’s SME insurance vertical and expand its offerings in the micro-business insurance space.
  • Verak, which is backed by Sequoia and LightSpeed, will be consolidated with InsuranceDekho’s team, including the founder of Verak, Rahul Mathur.
  • Mathur’s previous company, BimaPe, had shut down its operations.


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