Mumbai-based insurance-tech startup i3 Systems has raised $1.5 million from Unitus Ventures in a pre-Series A round of funding. The startup plans to use the funds to advance its technology that enables seamless adoption of their product across all repetitive business processes in the BFSI industry. The company said it has successfully delivered products through partnerships with multiple financial services organisations and consortiums, for use cases such as insurance underwriting, medical claims, lending, invoice processing, agreement processing, etc.

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