[Update] India-Maldives Tensions: InsuranceDekho, Square Insurance Suspend Travel Insurance For Maldives

[Update] India-Maldives Tensions: InsuranceDekho, Square Insurance Suspend Travel Insurance For Maldives

SUMMARY

InsuranceDekho cofounder and CTO Ish Babbar took to LinkedIn to announce that the startup was suspending travel insurance facility for those travelling to the island nation

Earlier, traveltech startup EaseMyTrip announced suspension of all flight bookings for Maldives

InsuranceDekho’s operating revenue doubled to INR 96.4 Cr in FY23, while net loss declined 29% to INR to INR 51.5 Cr

Update| January 9, 4:54 PM

Amid the India-Maldives row, Jaipur-based insurtech startup Square Insurance has joined the boycott Maldives call by suspending its insurance facilities temporarily for those travelling to the island nation.

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