The round was co-led by Beams Fintech Fund ... and MUFG double down on their support. “This capital will enable us to expand our reach, enhance our tech-driven offerings, and solidify our ...

Beams Fintech Fund, a homegrown private equity firm focused on investments in growth-stage companies, led a $70-million (about Rs 611 crore) funding round in its portfolio company, InsuranceDekho.

(Image: Freepik) Private equity investor Beams Fintech Fund on Tuesday said it has made a follow-on investment in its portfolio company InsuranceDekho as part of a $70 million funding round.

The round was co-led by Beams Fintech Fund, Japan's Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif through its insurtech fund managed by European investment major Eurazeo.