MUMBAI: Online insurance distributor Coverfox, which is now controlled by private equity investors led by Avaana Capital after the exit of its founders, has recouped revenues and slashed its burn rate by 90%. The company has almost halved monthly expenditure and is pursuing a strategy of embedding its insurtech with partners to gain market share. [...] The post Insurtech company Coverfox turns around, eyes 3x biz in FY23 first appeared on Latest Talks.