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Onsurity raises over $26 Mn in new round led by Creaegis

  • Onsurity, an employee healthcare platform, has raised $26.4 million in a new funding round led by Creaegis.
  • The board approved issuing 10 equity and 6,302 series B1 CCPs at Rs 3,48,089 each, totaling Rs 219 crore.
  • Creaegis contributed Rs 176.4 crore, while Nexus Ventures and Quona Capital added Rs 31.4 crore and Rs 11.9 crore, respectively.
  • Funds will be used for growth, expansion, working capital, and general corporate purposes.
  • Post-funding, Onsurity is valued at Rs 1,032 crore, with Creaegis holding 17.10% of the company.

Source: Entrackr

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These guys are still alive! Kenko shut down 😳

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Folks are calling out Upcred.ai for non-sensical JD. I was surprised to learn it’s a Cred (invested)company 😂

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Upcred.ai seems like a meme tier name created by a start up name generator website.