Laka, an insurtech company, has acquired the assets of VeloLife as part of its strategy to expand its UK bike dealer channel. This move is aligned with Laka's broader mergers and acquisitions (M&A) strategy, following a recent £14.1 million Series B funding round.
Original Source: https://beinsure.com/news/insurtech-laka-buys-velolife-assets-to-expand-uk-bike-insurance/