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Toffee Insurance

Design For Use Consulting Private Limited Gurugram, Haryana Founded 2017 toffeeinsurance.com ↗

Insurtech startup that makes insurance accessible and affordable by creating relevant, contextual microinsurance products (e.g. health, lifestyle, personal accident) in the insurance value chain, aimed initially at millennials, with digital purchase and claims processing.

Rohan Kumar · Co-Founder & CEO Nishant Jain · Co-Founder & CPO
$7 MnTotal funding (tracked)
2Funding rounds
17 Dec 2019Last round
51Team size (sourced)

Toffee Insurance: Funding Rounds

Date Round Amount Investors Source
17 Dec 2019 Series A $5.5 Mn IVM Intersurer Accion Venture Lab Flourish Ventures Kalaari Capital Omidyar Network source
29 May 2018 Seed $1.5 Mn Kalaari Capital Accion Venture Lab Omidyar Network source

News on Toffee Insurance

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FAQs on Toffee Insurance

Who founded Toffee Insurance?

Toffee Insurance was founded by Rohan Kumar, Nishant Jain in 2017.

How much funding has Toffee Insurance raised?

Toffee Insurance has raised $7 Mn across 2 tracked funding round(s), most recently on 2019-12-17. Figures are compiled from cited public sources.

Who are the investors in Toffee Insurance?

Investors in Toffee Insurance include IVM Intersurer, Accion Venture Lab, Flourish Ventures, Kalaari Capital, Omidyar Network.

What does Toffee Insurance do?

Insurtech startup that makes insurance accessible and affordable by creating relevant, contextual microinsurance products (e.g. health, lifestyle, personal accident) in the insurance value chain, aimed initially at millennials, with digital purchase and claims processing.

Where is Toffee Insurance headquartered?

Toffee Insurance is headquartered in Gurugram, Haryana, India.

What is Toffee Insurance's business model?

Toffee Insurance's core value proposition centers on Accessible, affordable microinsurance, Fast, simple digital purchase and claims, Contextual, small-ticket products for everyday risks.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: entrackr.com · Last verified 15 Jul 2026. · Report a correction