The Finstep Asia Edge podcast with Syed Musheer Ahmed is at GFF 2024 with Chiranth Patil, co-founder of Riskcovry, a leading insurtech startup. Dive into our chat about his journey into fintech, the growth of insurance in India, and the future of insurtech.
🛣️ Fintech Journey: Chiranth’s discusses his path to co-founding Riskcovry, an insurtech infrastructure company in India that provides digital infrastructure for insurance distribution.
🇮🇳 Insurtech in India: India's insurance market is growing rapidly but still has low penetration compared to global averages, presenting significant opportunities for insurtech companies.
🏗️ Riskcovry's Insurtech Infrastructure: Riskcovry connects insurers and distributors, processing $200 million in premiums last year and securing multiple funding rounds.
💸 Turning Profitable in Fintech: Revenue-positive fintechs are rare—Riskcovry's mindset and milestones are focused on growing and sustaining revenue with new funding.
💰 Revenue Success: Riskcovry's impressive milestones and future plans for scaling
#Insurtech #Fintech #InsuranceInnovation #Insurance