HomeStartupsInsurtech startup Kenko Health stares at shutdown: What went wrong?

Insurtech startup Kenko Health stares at shutdown: What went wrong?

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Insurtech startup Kenko Health is facing closure due to a shareholder battle and funding issues. The company, backed by Peak XV Partners and Orios Venture Partners, struggled to raise capital from the Hero Group, leading to a stalemate. With no immediate funding prospects, the $39.7 million-valued firm is on the verge of shutdown, impacting its workforce and operations.

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