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Tag: Unilazer Ventures

  • Easypolicy raises $2.2 million in funding led by Ronnie Screwvala’s Unilazer

    Easypolicy raises $2.2 million in funding led by Ronnie Screwvala’s Unilazer

    MUMBAI: Serial entrepreneur Ronnie Screwvala is on an investment spree. After recently funding the online gadget accessory store DailyObjects, Screwvala’s Unilazer Ventures has now invested in insurance policy aggregator EasyPolicy.com, an insurance comparison website. 

     

    EasyPolicy has raised approximately $2.2 million in a fresh round of funding, which was led by Unilazer along with others like Refex Energy founder and managing director Anil Jain as well as Burman Family Office, which is the investment arm of Dabur India promoters’ family.

     

    The funds will be used to build the company’s technology platform, enhance its product portfolio, as well as to strengthen its marketing team.

     

    Noida-based Easypolicy Insurance Web Aggregators operates the portal, which was launched in 2011 by Alok Bhatnagar, Neeraj Aggarwala and Divyanshu Tripathi.

     

    Till date, Screwvala has invested in various ventures like MeraDoctor, Lenskart, Zivame, SilverPush, EkStop, Yumist, Timessaverz and artificial intelligence (AI) startup Niki.ai amongst others.

  • Easypolicy raises $2.2 million in funding led by Ronnie Screwvala’s Unilazer

    Easypolicy raises $2.2 million in funding led by Ronnie Screwvala’s Unilazer

    MUMBAI: Serial entrepreneur Ronnie Screwvala is on an investment spree. After recently funding the online gadget accessory store DailyObjects, Screwvala’s Unilazer Ventures has now invested in insurance policy aggregator EasyPolicy.com, an insurance comparison website. 

     

    EasyPolicy has raised approximately $2.2 million in a fresh round of funding, which was led by Unilazer along with others like Refex Energy founder and managing director Anil Jain as well as Burman Family Office, which is the investment arm of Dabur India promoters’ family.

     

    The funds will be used to build the company’s technology platform, enhance its product portfolio, as well as to strengthen its marketing team.

     

    Noida-based Easypolicy Insurance Web Aggregators operates the portal, which was launched in 2011 by Alok Bhatnagar, Neeraj Aggarwala and Divyanshu Tripathi.

     

    Till date, Screwvala has invested in various ventures like MeraDoctor, Lenskart, Zivame, SilverPush, EkStop, Yumist, Timessaverz and artificial intelligence (AI) startup Niki.ai amongst others.

  • Ronnie Screwvala’s Unilazer pumps Rs 7 crore in MeraDoctor

    Ronnie Screwvala’s Unilazer pumps Rs 7 crore in MeraDoctor

    MUMBAI: MeraDoctor, a platform for virtual consultations between doctors and patients, has closed a Rs 7-crore Pre-Series A financing round led by Ronnie Screwvala’s Unilazer Ventures.

     

    MeraDoctor, which was launched earlier this year, has so far helped over 300,000 people connect with carefully screened doctors across India through a simple chat interface. Most health platforms create a big bazaar experience in which neither patients nor doctors are comfortable. Instead, as a doctor-led company, MeraDoctor builds trust and loyalty by smoothly connecting patients with reputable physicians only, and ensures that both sides have a high-quality experience.

     

    MeraDoctor CEO & co-founder Dr. Ajay Nair says, “We’re honoured to have partnered with Ronnie Screwvala and some of the country’s best entrepreneurs and investors to take MeraDoctor to the next stage. Within the country’s rapidly evolving healthcare industry, our focus is clear – we make it easy for everyone in India to have high quality health conversations on their phone. In just a few months after launching our app for live messaging with doctors, we’ve helped over 300,000 people connect with quality care.”

     

    The new investment will help MeraDoctor extend its technology platform, scale up its doctor base, add to its technology and management teams.

     

    Screwvala’s Unilazer Ventures led the round, with participation from existing investor early-stage fund IndiaQuotient. Previous investors in the company include Aaavishkaar and Accion Venture Lab.

     

    “MeraDoctor’s leadership team is unique in combining a deep understanding of healthcare with a fine-tuned sense of customer needs and a relentless drive to build a large, enduring business. Mobile adoption is disrupting the way healthcare is being delivered. The very large untapped market and the team’s deep healthcare experience is a winning combination. I’m delighted to support their vision and contribute as best I can, as Ajay and Gautam tackle one of the biggest opportunities in India today,” adds  Screwvala.

  • Ronnie Screwvala’s Unilazer invests Rs 15 crore in on-demand platform Timesaverz

    Ronnie Screwvala’s Unilazer invests Rs 15 crore in on-demand platform Timesaverz

    MUMBAI: Ronnie Screwvala’s Unilazer Ventures has pumped in Rs 15 crore in an on-demand home services platform Timesaverz. This Series A funding will be used to expand services of the startup in new markets.

     

    Founded in 2013 by Debadutta Upadhyaya and Lovnish Bhatia, the Mumbai based startup operates in six key metros namely Bangalore, Delhi, Gurgaon, Hyderabad, Noida and Pune, growing at a 100 per cent rate QoQ. The service is available for both Android and iOS users.

     

    Screwvala said, “On-demand home services comprise the new frontier of e-commerce where service is now a product. Large companies are going to be created in this space and we will work closely with the founders to make Timesaverz a leader in an existing $5 billion industry with immense growth potential.”

     

    Timesaverz co-founder and CEO Debadutta Upadhyaya added, “Timesaverz started as a 2-hub operational company in Mumbai two years ago and has since grown to cater to one service request every three seconds and manages fulfilment through a 1000+ Timesaverz partner network. Since the launch of its both on web and mobile application, it has been witnessed growth in visitations and 80 per cent of the traffic is through mobile. The recent round of funding is aimed at bolstering our technology solutions and strengthening our product portfolio.”