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Verak

Better Business Insurance for MSMEs in India

Verak is a business in fintech based in Bengaluru, KA, India, founded in 2020.

Profile

Verak is now part of InsuranceDekho as of April 2023.

Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*)

Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.

As a business in fintech, Verak is listed here with the public details available about it.

Its base of operations is Bengaluru, KA, India.

The company is listed at the Winter 2021 stage of development.

The company reports a headcount in the 45 range.

It has disclosed roughly $67K in funding.

SectorFintech
HeadquartersBengaluru, KA, India
CountryIndia
Founded2020
Employees45
StageWinter 2021
Total funding$670,000

Website: verak.in

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