PazCare raises seed round

Employee Benefits and Insurtech platform, PazCare has raised an undisclosed amount in its seed round from marquee investors and entrepreneurs including Ashish Hemrajani, Parikshit Dar, Haresh Chawla, Mohit Garg, Deepak Diwakar and others.

The company will use the funds raised to strengthen its insurance and technology infrastructure and expand its client base and partnership network. Founded by Sanchit Malik and Manish Mishra, the Bengaluru-based startup claims to have onboarded over 70 companies including MamaEarth, BookMyShow, Goodera, Mindtickle and GoMechanic.