Devendra Rane, Founder of Coverfox Insurance

About Devendra Rane

Devendra Rane is an IIT Bombay alumnus who co-founded Coverfox Insurance in 2013 to simplify insurance comparison and purchasing in India. He served as the company's CTO and later CEO before resigning in February 2020. Coverfox grew to become India's largest insure-tech platform.

Devendra Rane at a glance

• Company: Coverfox Insurance
• Total raised: $59M
• Latest round: Series C
• Investors: International Finance Corporation, Transamerica, Aegon NV, Accel Partners, SAIF Partners, Catamaran Ventures
• Location: Mumbai, India

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