InsurTech PolicyBoss, announced that it has closed its series B round of investment with a consortium of investors’ including India SME Investments and Madhav Mirani, (Ex-Co-founder–Ugam Solutions) and prominent Angel Investor – Jitendra Gupta, amidst continued backing by TPG Growth and Sanjay Thakker, its existing investor.

Apart from this, other existing investors have also participated in this round including the leadership team.PolicyBoss will invest these funds in harnessing its technology prowess into becoming India’s foremost insurance specific B2B2C platform.