<article>Fintech startup Stashfin has raised $5 million in its pre-Series A round, while Unilzaer Ventures has increased its stake in EasyPolicy.</article>

Fintech startup Stashfin has raised $5 million in its pre-Series A round, while Unilzaer Ventures has increased its stake in EasyPolicy.
<h3>Stashfin raises $5m in pre-Series A round</h3>
New Delhi-based fintech startup Stashfin has raised $5 million from Kirloskar Group&#8217;s venture capital arm <a style="color: #000080;" href="http://dealstreetasia.com/tag/snow-leopard-ventures" target="_blank" rel="noopener noreferrer">Snow Leopard Ventures</a> and Singapore-based <a style="color: #000080;" href="http://dealstreetasia.com/tag/alto-partners" target="_blank" rel="noopener noreferrer">Alto Partners</a>, according to <a style="color: #000080;" href="http://tech.economictimes.indiatimes.com/news/startups/virtual-credit-facility-provider-stashfin-raises-5m-funding/59330640" target="_blank" rel="noopener noreferrer">a report</a> in The Economic Times.
According to the news report, the virtual credit facility provider&#8217;s other investors include Vibhav Dhawan and Praveen Malhotra, managing partners at executive search firm Positive Moves, <a style="color: #000080;" href="http://dealstreetasia.com/tag/avendus-capital" target="_blank" rel="noopener noreferrer">Avendus Capital </a>founder Ranu Vora, commodities trading firm Trafigura&#8217;s chief executive Raoul Bajaj, and senior executives from KKR.
According to company executives, the pre-Series A round was raised while the venture was in stealth mode.
<h3>Unilazer Ventures ups stake in EasyPolicy</h3>
Mumbai-based venture capital firm <a style="color: #000080;" href="http://dealstreetasia.com/tag/unilazer" target="_blank" rel="noopener noreferrer">Unilazer Ventures</a>, has increased its stake to a majority position in in online insurance policy aggregator <a style="color: #000080;" href="http://dealstreetasia.com/tag/easypolicy" target="_blank" rel="noopener noreferrer">EasyPolicy</a>, as per <a style="color: #000080;" href="http://economictimes.indiatimes.com/small-biz/money/screwvala-raises-stake-in-easypolicy/articleshow/59331242.cms" target="_blank" rel="noopener noreferrer">a report</a> in The Economic Times.
Unilazer Ventures first invested in the company in January last year, leading a Rs 15 crore round and picking up a stake of about 20 per cent stake. And in the latest transaction, it invested Rs 21 crore.
Through the transaction, Unilazer Ventures raised its stake in the Noida-based company to 55 per cent stake. However, former media czar Ronnie Screwvala, co-founder of Unilazer, said the founders will continue to lead EasyPolicy.
&#8220;The entire insurance sector is pushing to massively increase penetration and make insurance affordable and we want to be part of that ecosystem and initiative,&#8221; Screwvala said.
Also Read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/27948-27948/" target="_blank" rel="noopener noreferrer">Insurance policy aggregator Easypolicy raises $2.2m from Unilazer Ventures, others</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/india-18-62254/" target="_blank" rel="noopener noreferrer">India: Snapdeal invests $57m more in FreeCharge; Unilazer puts $3.5m in Lenskart</a>
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Fintech startup Stashfin has raised $5 million in its pre-Series A round, while Unilzaer Ventures has increased its stake in EasyPolicy.

India Dealbook: Stashfin raises $5m; Unilazer ups stake in EasyPolicy

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