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Digital Insurance broking startup McXtra raises Pre-series A fund

The platform has already partnered with 30 corporate entities and is targeting their 1 lakh user base for their product.
BY BEx Bureau
BusinessEx
Jul 13, 2018

Digital insurance broking startup McXtra has raised a Pre-series A round of $1.3 million from a clutch of 12 investors. The Mumbai-based startup plans to use the fresh funds to scale up its tech platform and reach out to more users.

The platform has already partnered with 30 corporate entities and is targeting their 1 lakh user base for their product.

McXtra does insurance advisory, services its users on their insurance requirements and could help users buy policies through partner insurance companies.

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