Personal Finance Startup, Zibika shuts shop

Indian Startups

Personal Finance Startup, Zibika shuts shop

Update (April 20th, 2012): The site is back now!

Started by IIM alumnus, Zibika was focused on insurance space (earlier coverage) and had tie ups with Swiss-based VIG Insurance brokers, ICICI Lombard, Future Generali, Reliance Life and Bharti AXA insurance.logo[1]

The startup, owing to financial issues (lack of funding, it seems) has shut shop.

This is what the homepage reads:

Dear Zibika Users,

On account of financial issues, we regret to announce that will be offline on an indefinite basis.

Under more conducive market conditions, we intend to make a comeback and serve you fully online to meet your insurance and banking needs.

With Regards

Vivek Doraiswami, CEO

on behalf of

The Zibika Leadership Team

Hat tip

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