# Probus Insurance Broker Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/probus-insurance-broker-private

- Industry: Insurance
- Headquarters: Mumbai, India
- Website: www.probusinsurance.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Dec 30, 2021)
- Investors on record: 1

## About

Founded in 2002 and based in Mumbai, India, Probus Insurance Broker Private Limited operates as an Insurtech company. Rakesh Goyal serves as the Managing Director of the company as of 2021. In December 2021, Probus Insurance Broker Private Limited raised USD 6.7 million in venture debt led by new investor BlueOrchard Finance.

The company offers motor insurance, life insurance, health insurance, motor insurance, and other insurance like the individual, family, and student travel insurance, marine insurance, etc. on its online platform. It is also present in the field of retail climate insurance.

The company will use the funds to strengthen its technology infrastructure and deep technology capabilities and expand its presence across geographies.

## Funding rounds

- Series A, Dec 30, 2021, $0.7M — BlueOrchard Finance

## Investors

- BlueOrchard Finance (https://capitalatlas.ai/funds/blueorchard-finance) — Series A