Sequoia Capital funded company Apnaloan.com is launching a portal - Apnainsurance.com. I think the launch is timely, perhaps a little late, as the financial year is coming to a close. This is the time when most insurance co’s sell policies, a means for individuals to save on income tax payment. I just checked, and Apnainsurance.com is live, and still being developed. Apnainsurance, like Apnaloan, will probably be used for lead generation. Apnaloan.com has also undergone a rebranding exercise, and claims it has assisted over 4,00,000 consumers in purchasing a loan product. Last month, there had been reports that Apnaloan was in talks with Chrys Capital to raise $15 million in funding. [via release]