CORRECT Rangatira invests $3.5M in tech-based insurance service provider in shift away from paper

CORRECT Rangatira invests $3.5M in tech-based insurance service provider in shift away from paper
(Fixes ambiguity on funds available for future investment in 7th par) By Paul McBeth Sept 25 (BusinessDesk) - Rangatira, the Wellington-based investment company, has put $3.5 million into medical and insurance service provider Konnect Net as those sectors shift away from more costly paper-based administration functions. Konnect Net offers traditional back office services using new communication technology and is one of the latest in tech-based investments taken by Rangatira, including online accounting software provider Xero, Facebook backe...