CoverFox raises $22mn in World Bank-backed VC round

Indian digital insurance broker CoverFox has raised $22mn in a
funding round led by the World Bank's International Finance
Corporation and US life insurer Transamerica, the company said on
social media.
According to the Times of India, the funding values the
whole of CoverFox at around $110mn.
CoverFox is a price comparison site and motor, health and life
broker. Existing backers of the start-up include venture capital
funds SAIF Partners, Accel Partners and Catamaran Ventures, the
family office