Toffee | Omidyar Network India

Financial Inclusion

Equity Investment

Toffee

Toffee

Toffee

Toffee is an InsurTech startup providing accessible, digitized insurance policies to its consumers.Aiming to simplify the insurance buying process, Toffee offers bite-sized coverage for daily life events and a fast claims process with minimal jargon, phone calls, or lengthy paperwork.

ONI Impact Thesis

By adopting a differentiated approach to creating and distributing micro-insurance products, Toffee is helping Indian masses cope with unexpected risks. By creating easy to understand, simple to buy, low ticket products spanning asset, health and travel insurance, the platform seamlessly embeds into the purchase journey of its customers who range from the Next Half Billion to urban millennials.

Why We Invested

Founders

Rohan Kumar

Rohan Kumar

CEO

Investment Team

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milestone

Other Education Investments

Financial Inclusion

Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and social impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We make equity investments in early stage enterprises and provide grants to nonprofits in the areas of Digital Society, Education, Emerging Tech, Financial Inclusion, Cities & Innovation and Property Inclusivity. Omidyar Network India is part of the Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.