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Pula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm
Each product Pula offers is customized to suit the demands of its clients, and the needs of the beneficiary farmers.
Pula, an insurtech based in Kenya, has since 2015 been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts. What started nine years ago as an unconventional idea that many deemed un-scalable is now a proven solution that has solved real needs for millions of smallholder farmers across 22 countries,” said Pula CEO Thomas Njeru, who co-founded the insurtech with Rose Goslinga. Building on the success of its crop insurance products, Pula is set to introduce livestock covers in countries like Kenya upon the completion of a pilot program that kicked-off in Nigeria last year.
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