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Internet Digest: ETInsure, WealthTrust, eKincare, Wedding Brigade

ETInsure expands into health insurance

Times Internet’s online insurance aggregation platform ETinsure.com, has expanded its category to health insurance and said that it will offer personalised service where it. Currently, ETInsure has tied up with three health insurance companies – Religare Health Insurance, Star Health Insurance and Apollo Munich Health Insurance Company, and said in a statement that it would soon be adding more partners to their roster. Launched in February last year, the platform was listing insurance in car and two-wheeler categories.


eKincare raises funding of $1.5 million

Hyderabad-based healthcare startup eKincare has raised funding of $1.5 million from investors like Ventureast, Endiya Partners, Eight Roads, Touchstone equities, and BVR Mohan Reddy.
eKincare’s works as a personal health assistant leveraging AI, which reads medical data from health records and various healthcare interventions, predict health risks and provide timely personalized recommendations to beat those risks. All one has to do is take pictures of the physical medical records and eKincare will do the rest. The startup will use the fresh capital to grow and expand its technology platform and sales team and also gets more doctors onboard.

WealthTrust raises $ 500 K in Pre-Series A funding

Wealth management app, WealthTrust has secured Pre-Series A funding $500 K in from IndiaQuotient and Angel investors through LetsVenture. The Mumbai-based startup plans to use the funds for product enhancement and growth. Launched in May 2016, the app offers paperless and zero commission mutual fund investments. The company said in a statement that it helps investors with tailor-made portfolios, designed based on their risk profile & with optimal asset allocation to ensure the best returns. It also offers custom algorithm for fund selection, which takes in more than 70 different data points to highlight consistent out-performers. With the fresh investment, the Bangalore-based startup aims to become go-to personal investment guide for individual users.


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The Wedding Brigade raises Pre-Series A funding of $1 million

Content-to-commerce wedding portal The Wedding Brigade has raised $1 million in Pre-Series A round of funding led by Blume Ventures. Other investors that participated in the round include Czar Capital, Mountain Pine Capital, Lets Venture investors and the Keiretsu Forum. The startup said that it will utilize the funds from their latest round primarily for team and business expansion, and to introduce an array of new products and services to the market. The Wedding Brigade (previously known as Indear.in) began in November 2014 in Mumbai, which currently delivers curated content, products & services focused on weddings.

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