The company’s fresh fundraiser comes at a time when telecom companies like Airtel, Vodafone and mobile wallet companies like Paytm have started rolling out insurance options to its users. Mumbai - based assistance platform OneAssist has raised INR118 crore ( ~$18 m ) in a series A funding round that included existing investors Sequoia Capital , Assurant , and Lightspeed Venture Partners . The latest round brings investment in OneAssist to $ 30 m , as it aims to compete with rivals Paytm , Airtel , and Vodafone , which have all available insurance options .
Mumbai - based assistance platform OneAssist has raised INR118 crore ( ~$18 m ) in a series A funding round that included existing investors Sequoia Capital , Assurant , and Lightspeed Venture Partners . The latest round brings investment in OneAssist to $ 30 m , as it aims to compete with rivals Paytm , Airtel , and Vodafone , which have all available insurance options .