InsuranceDekho has raised $100M in its latest round.

The insurance platform is an aggregator/web comparison service for motor and health insurance. Initially it had over 20 motor and health insurance issuers and has since expanded into life, term, and retirement plans, among other forms of insurance.

The largely digital platform lets users compare covers. It recently launched a "feet-on-street" programme called ‘InsuranceDekho Saathi’ to make insurance buying easier for those who don’t have access to the internet or feel uncomfortable transacting online.

In Australia, web comparison services from the likes of Comparethemarket.com.au and Finder for motor insurance have not secured type same type of traction as the have in some foreign markets like the UK. CDR may be a game changer in the Australian market. Source: Asian News