Nova Benefits Raises $1 Million Seed Funding Round

Nova Benefits, a corporate health insurance platform, has raised $1 million in its seed round of funding led by Multiply Ventures, Better Capital, and Titan Capital.

Nova Benefits has built an employee benefits platform centered around corporate health insurance. Users can access their insurance e-cards, find cashless hospitals and make claims on Nova Benefits’ platform.

In just seven months, Nova Benefits claims to have onboarded more than 70 clients with 25,000 members on its platform. Its clients include Snapdeal, Yulu Bikes, Chumbak, Fisdom, and DealShare.