# Mitigata Insurance Brokers Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mitigata-insurance-brokers-pvt

- Industry: Insurance
- Headquarters: Bangalore, India
- Website: www.mitigata.com
- Total disclosed funding: $7.5M
- Latest round: Series B (Jun 23, 2026)
- Investors on record: 4

## About

Founded in 2021 in Bangalore, India and founded by Mohit Anand, Mitigata Insurance Brokers Pvt. Ltd. is a Bangalore-based insurance brokerage firm specializing in innovative insurance solutions, aimed at enhancing client risk management and coverage strategies across various sectors. Founded in 2021 in Bangalore, India, Mitigata Insurance Brokers Pvt. Ltd. operates in the insurance brokerage sector, offering tailored risk management solutions. Mitigata's client base includes both enterprises and small to medium-sized businesses, focusing primarily on the Indian market. In June 2026, Mitigata Insurance Brokers Pvt. Ltd. raised INR 150 million in series B funding led by Bessemer Venture Partners, with participation from Nexus Venture Partners, Titan Capital, and WEH Ventures. Mitigata Insurance Brokers Pvt. Ltd. offers a range of innovative insurance brokerage services designed to address specific client needs. Their core offerings include customized risk management solutions that enhance operational efficiencies for businesses across various sectors, including healthcare, finance, and retail. The company’s services aim to streamline insurance processes and improve client engagement, facilitating a comprehensive platform for risk assessment and management.The company generates revenue through a commission-based model, where clients engage their brokerage services for insurance placement and risk management. This business model fosters long-term relationships with clients while ensuring a steady flow of income derived from successful placements and renewals. Specific pricing structures are designed to cater to different client needs and the complexity of services provided, thereby maximizing their market reach. Mitigata Insurance Brokers Pvt. Ltd. is focused on expanding its service offerings and entering new geographic markets. The company plans to use the June 2026 funding to expand its workforce, accelerate research and development, and support international expansion into markets such as the Middle East and Southeast Asia.

## Funding rounds

- Series B, Jun 23, 2026, $1.6M — Bessemer Venture Partners, Nexus Venture Partners, WEH Ventures, Titan Capital
- Series A, Aug 4, 2025, $5.9M — Nexus Venture Partners, WEH Ventures, Titan Capital

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B
- WEH Ventures (https://capitalatlas.ai/funds/weh-ventures) — Series A, Series B
- Titan Capital — Series A, Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B