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Nur Atifi · · 1 min readIn brief: Carousell collaborates with AXA to offer in-app vehicle insurance
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AXA Insurance and Carousell announced a partnership that will make it quicker and simpler for Carousell users to shop for second-hand car and motorcycle insurance coverage.
Without having to leave the Carousell app, users can receive instantaneous quotes for a range of car insurance plans. After selecting their preferred insurance policy, they can purchase it directly on the app. Users will typically be able to purchase insurance and obtain policy documents in under five minutes from start to finish.
Source: Press release
Carousell has been making efforts to monetize its platform, including through third-party partnerships.
It raised US$85 million in series C funding last May.
Editing by Jack Ellis
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