UmboID Tech holds funding round

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Funding

J Sagar Associates (JSA) advised and assisted UmboID Tech and its promoters in connection with its pre-series A round of equity funding from Bharat Inclusive Technologies Seed Holdings, Varanium Nexgen Trust, and AL Trust acting through its trustee Vistra ITCL (India).

UmboID operates under the brand name Riskcovry, an insurtech platform that develops solutions enabling insurance distribution, risk, policy and claims management. The JSA team comprised partner Probir Roy Chowdhury, senior associate Yajas Setlur and associate Kavya Katherine Thayil.