Guide Startups

Verak

Winter 2021 · Acquired

Better Business Insurance for MSMEs in India

Location: India, IN

Founded: 2020

Team size: 45

Industries:

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.

Founders