ReferIndia News Pibit.AI to utilise $7 million Series A funding to power R&D, build new risk models and global expansion

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Pibit.AI to utilise $7 million Series A funding to power R&D, build new risk models and global expansion

Published on: Nov. 21, 2025, 9:55 p.m. | Source: CNBC TV18

Pibit.AI is doubling down on its ambition to rebuild the commercial underwriting stack with high-accuracy, domain-specific AI models, even as insurers worldwide grapple with data gaps and labour-intensive workflows. Founder Akash Agarwal says the new capital will help the company deepen its technology moat, expand into new markets and push its underwriting platform Cure further into the mainstream.

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