The Indian insurtech sector has raised over USD 2.5 billion and is expected to attract more investment due to significant growth opportunities, according to a report by Boston Consulting Group (BCG) and the India InsurTech Association (IIA). India is home to around 150 insurtech companies, including 10 unicorns and over 45 "minicorns," with revenue increasing 12 times in the past five years to reach USD 750 million.
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