Verak

Overview

Verak was a Y Combinator- and Sequoia-backed SME insurance-distribution platform for MSMEs in India. CONFIRMED: acqui-hired by InsuranceDekho (April 2023) after ~2.5 years as a standalone business — described by the team as a positive close, not a failure-shutdown: after 18 months, Verak's revenue-to-CAC ratio (0.8, blended) was unsustainable standalone, so the team found a home inside a larger platform. Matches Gemba's 'Inactive' tag (company no longer operates independently). No individual founder names independently confirmed in this pass.

Key Facts

Sector

Fintech

Focus Areas

Related on NestLens

• Gemba Capital · Capital Manager (GP)