Company Intelligence

Verak

Verak is now part of InsuranceDekho as of April 2023. Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural &…

In this profile

Quick Facts

  • Founded 2021
  • Headquarters Bengaluru, India
  • Country India
  • Industry AI in Finance
  • Company Type Early
  • Status Acquired
  • Website Official site
  • Last Reviewed Aug 2026

Executive Summary

Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*)

Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.

Why It Matters

Better Business Insurance for MSMEs in India

Recent Developments

  1. Company status

    Documented status on Brel profile: Acquired.

    Source
  2. 2021 Company founded

    Verak was founded in 2021 per the company profile source on file.

    Source

Connected Reports

Connected Insights

Industries

Verak is now part of InsuranceDekho as of April 2023.

Verak offered next day coverage starting at ₹8 per day for MSMEs in India to insure any facility (shop, warehouse, factory etc) against 15+ natural & man-made perils. (*)

Our team worked across the entire insurance value-chain: From satellite based underwriting to machine learning based pricing to instant quotation to WhatsApp based claims.

Company information is based on publicly available sources and is reviewed periodically. If you represent this company and would like to request a correction, contact Brel.

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