Mumbai-based assistance platform OneAssist has raised INR118 crore (~$18m) in a series C funding round that included existing investors Sequoia Capital, Assurant, and Lightspeed Venture Partners. The company is targeting the Indian market with its services for people who are unable to access financial services.
Mumbai-based assistance platform OneAssist has raised INR118 crore (~$18m) in a series C funding round that included existing investors Sequoia Capital, Assurant, and Lightspeed Venture Partners. The latest round brings investment in OneAssist to $30m, as it seeks to compete with rivals Paytm, Airtel, and Vodafone, which have all launched insurance options.