After signalling its IPO ambitions in March last year, InsuranceDekho has reportedly begun discussions with investment banks about a potential listing.
India's largest insurtech platform plans to raise funds through a Qualified Institutions Placement to pursue acquisitions and partnerships, on back of strong quarterly performance.
The firm is targeting growth in regions where cargo delay risks are highest, while advancing its use of AI, blockchain, and smart contracts to modernise global logistics insurance.
The funding, led by Hong Kong-based Yunfeng Financial Group Limited, will support the development and rollout of life insurance products denominated in digital currencies.