Zibika.com to enter insurance broking

By SiliconIndia   |   Tuesday, 30 September 2008, 07:00 Hrs
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Mumbai: Zibika.com, an internet start-up and personal finance portal has planned to enter the insurance broking space. It is looking for a strategic investor who is willing to pump in around $2 million to fuel its growth.

Vivek Doraiswami, Founder and CEO, Zibika.com said, "We would need funds around $2 million to fuel our expansion in the next six months. We would ideally prefer a strategic investor but are also open to private equity or venture capital finance."

The Mumbai-based company would prefer strategic investors because of the value and expertise they bring with them which would help it in its growth-path.

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