India: Narayan Murthy-led Catamaran Ventures invests in online insurance platform Coverfox

India: Narayan Murthy-led Catamaran Ventures invests in online insurance platform Coverfox

Visual sourced from Coverfox facebook page

Narayan Murthy-led Catamaran Ventures has invested an undisclosed amount in Mumbai-based online insurance distribution platform Coverfox, as the latter plans to further strengthen and grow its online insurance comparison and sales business, Coverfox said in a statement. With this move, Coverfox also intends to take on bigger rival PolicyBazaar which is backed by IT czar Azim Premji.

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