Naspers backs Naked Insurance with R120m investment

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Start-up uses AI and automation to let customers do all their business online

In a move that further cements its focus on the insurance industry, Naspers’s SA-focused venture capital unit has invested R120m in digital insurer Naked Insurance, its largest deal yet.

Its Foundry unit had led an $11m funding round for Naked Insurance, an artificial intelligence -based insurance platform, investing $8.3m, Naspers said on Wednesday...If you have already registered or subscribed, please sign in to continue.

 

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