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YC W21 · Acquired

Verak

Better Business Insurance for MSMEs in India

Class
Winter 2021
Status
Acquired
Industry
Fintech
Location
Bengaluru, KA, India
Team size
45

Website

http://verak.in

About

Verak is now part of InsuranceDekho as of April 2023. Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*) Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.