Sequoia Capital Funded Apnaloan.com Launches Insurance Portal
By Nikhil Pahwa - Tue 11 Mar 2008 01:25 AM PST
Sequoia Capital funded company Apnaloan.com is launching a portal - Apnainsurance.com. I think the launch is timely, perhaps a little late, as the financial year is coming to a close. This is the time when most insurance co’s sell policies, a means for individuals to save on income tax payment. I just checked, and Apnainsurance.com is live, and still being developed. Apnainsurance, like Apnaloan, will probably be used for lead generation. Apnaloan.com has also undergone a rebranding exercise, and claims it has assisted over 4,00,000 consumers in purchasing a loan product. Last month, there had been reports that Apnaloan was in talks with Chrys Capital to raise $15 million in funding. [via release]
Posted in: E-commerce, Portals
