Insurtech startup BimaPe shuts, founder launches new platform Verak
Image Credit: Inc42
Y Combinator-backed fintech startup BimaPe has announced the closing of its business that was launched last year in November. Its Founder Rahul Mathur took to twitter to announce the development, admitting why he has decided to shut down BimaPe. He also announced the launch of a new insurtech platform called Verak which will arrive in March 2022. BimaPe was backed by VCs including Y Combinator, Titan Capital, iSeed and Gemba Capital.