YCW21· AIVerak
Better Business Insurance for MSMEs in India
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
Adjacent
Overlapping tags, a different niche.
CoverW16The mobile-first insurance platform that makes insurance easy.Shared: insuranceInactive
KinroX26Autonomous insurance brokerage for small businessesShared: insuranceActive
ShepherdW21Modernizing commercial insuranceShared: insuranceActive
StreamS22The AI Claims Workbench automating insurance claimsShared: insuranceActive
VantelW25AI Platform for Commercial Insurance BrokeragesShared: insuranceActive
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Batchmates in Winter 2021.
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About Verak
Verak is now part of InsuranceDekho as of April 2023. Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*) Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.
Bengaluru, KA, India
Verak: questions
Which YC batch was Verak in?
Verak was in Y Combinator's Winter 2021 batch (W21).
Is Verak still active?
Y Combinator lists Verak as acquired.
Where is Verak based?
Verak lists Bengaluru, KA, India as its location on YC's directory.
Not affiliated with Y Combinator. From YC's public directory. Logos via logo.dev; trademarks belong to their owners.