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Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...- Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
- Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
- Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- ETtech Deals Digest: Startups raise $790 million in second week of MayRapido's substantial $730 million funding round significantly boosted Indian startup investments this week, reaching approximately $790 mil...
- Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
- Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- General Atlantic-backed Indian insurer Acko eyes up to $2.5 billion valuation in IPO, sources sayIndia's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing...
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Startups spot a cool opening as ACs become everyday needAir-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by ...
- IT rules could get tougher; Rubrik’s big India playHappy Wednesday! Experts have raised concerns over the proposed amendments to the IT rules. This and more in today’s ETtech Morning Dispatc...
- Sensex rises! These stocks are up over 15% on BSEIn the Nifty50 index, 33 stocks were trading in the green, while 16 stocks were in the red.
- Startup launches device that reduces pneumonia-related ICU deathsEach year, 30% of 6 lakh patients who develop ventilator-related pneumonia in India lose the battle.
- Slack backer Accel is said to raise $2.5 billion for VC fundsSilicon Valley is in a frenzy, with venture capitalists sitting on the most capital since the dot-com boom.
- Kerala-based health startup raises funding from Accel PartnersA round of funding led by Accel Partners taking the total sum raised from its inception three years ago to $9 million.
- T-Hub makes space for foreign companiesMarket, talent and government incentives are the driving factors for these startups to set up shop in Hyderabad.
- Mukesh Bansal's fitness startup CureFit raises 15 millionCureFit will be a platform which will enable the users to manage their health proactively, Mukesh Bansal said. The product will be launched...
- Home healthcare provider Portea Medical gets Rs 247 crore to expand in India, Malaysia“We are trying to build a comprehensive offering so that a family as a unit will be able to look at Portea and say 'this meets a lot of my ...
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