Plum Insurance has raised 20.5 million USD in Series B funding led by Peak XV Partners to expand AI-powered claims operations and venture into preventive care, mental wellness and telehealth. The employee health benefits platform serves over 6,000 organisations. https://entrackr.com/news/plum-insurance-raises-205-mn-in-series-b-round-led-by-peak-xv-11264489 #India #Tech #Funding #PeakXV #Plum
Plum Insurance raises $20.5 Mn in Series B round led by Peak XV

The fundraise follows Plum’s first full year of EBITDA and cash flow profitability, a key milestone as the company scales its offerings across insurance, healthcare, and employee wellbeing.

Entrackr
Peak XV Partners has raised .3 billion for its first independent India fund following the split from Sequoia Capital. The new vehicle, ninth for the firm since 2006, will be almost half the size of its previous fund. The investment firm has backed Zomato, Meesho, Groww and Razorpay, with nearly 0 billion raised across funds since 2006. https://economictimes.indiatimes.com/tech/funding/peak-xv-partners-raises-1-3-billion-for-first-independent-india-fund-after-sequoia-split/articleshow/128613631.cms #India #Tech #News #PeakXV #VC
Peak XV Partners raises $1.3 billion for first independent India fund post Sequoia split

The new vehicle – ninth for the outfit since its launch in 2006 in India – will be almost half the size of its previous fund despite its resizing. The investment firm, which has backed the likes of Zomato, Meesho, Groww and Razorpay, has raised nearly $10 billion in capital across funds since 2006.

Economic Times

Hear Shai Oster offer his thoughts on why Sequoia Capital has decided to split off their India & Southeast Asia despite there being no current geopolitical tensions with India, unlike the situation in China.

Main Site: https://www.analyse.asia/the-state-of-china-2023-with-shai-oster/
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#ShaiOster #ChinaTech #alibaba #SequoiaCapital #SequoiaChina #HongShan #IPO #SequoiaIndia #PeakXV #venturecapital #vcasia

The State of China 2023 with Shai Oster

Shai Oster reviews what happened in China in 2023 and previews what their technology ecosystem would head to in 2024.

Analyse Asia
Global investors tell Modi plans to pump in $4 billion at risk due to gaming tax

Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28% gaming tax, saying the levy would adversely impact $4 billion in prospective investments, a letter showed.

Reuters