Paytm hires former Coverfox CEO after failed acquisition talksEarlier this month, Paytm said it is set to make a foray into the business of selling insurance products with subsidiary Paytm Insurance Br...
17 Mar, 2020, 08.18 AM IST
Government proposes to allow 100% FDI in online insurance marketplaces like PolicyBazaar, CoverFoxFinance minister Nirmala Sitharaman said 100% FDI will be allowed for insurance intermediaries. The move is expected to benefit insurance a...
05 Jul, 2019, 10.39 PM IST
Paytm in talks to acquire insurance marketplace company CoverfoxCoverfox offers both life and non-life insurance policies. It has 50,000 agents and offers products from 45 insurance companies.
03 Jun, 2019, 11.16 AM IST
Coverfox’s parent company, Glitterbug, is out to raise $50 million in new roundThe company is in talks with investors; Series D equity-financing round could stretch to $60 million.
08 Mar, 2019, 09.57 AM IST
IFC, Transamerica lead $22 million round in CoverfoxThe latest development comes almost 10 months after ET had reported in its edition dated June 12, 2017, that the Mumbai-headquartered compa...
20 Apr, 2018, 11.21 AM IST
Coverfox shifts focus to term life insurance businessThe term life insurance business currently contributes to less than 1% of the entire revenue pie, with most of the topline being generated ...
31 Aug, 2017, 03.31 PM IST
Insurance brokerage firm Coverfox raises $15 mn from Transamerica & othersThe latest round of equity financing values Coverfox between $70 million and $100 million, according to one of the sources cited earlier.
12 Jun, 2017, 10.25 AM IST
Acko gets a Rs 200-cr cover from investorsInsurance technology company to use funds to build tech & to widen network.
23 May, 2017, 08.40 AM IST
Murthy-backed Coverfox eyes gen insuranceAcko is one of the four applications filed with the Insurance Regulatory and Development Authority to set up general insurance company
12 Jan, 2017, 01.49 PM IST
Coverfox partners with Uber, looks to double revenue in a yearCoverfox will provide assistance in insurance policy purchases and facilitate car insurance solutions for Uber’s driver partners.
08 Dec, 2016, 09.11 AM IST
Coverfox.com launches social media campaign to create awareness about insuranceThe intent is to encourage people to make a significant difference in the lives of those who usually lack the awareness about insurance.
27 Oct, 2016, 10.55 AM IST
Coverfox launches Youtube videos for insurance remindersThe company has created 10 videos of 6.5 seconds duration each, hoping to be able to remind people about renewing insurance in a humorous f...
05 Jul, 2016, 12.53 PM IST
Coverfox announces tie up with Oriental Insurance CompanyOriental Insurance has now decided to enter the online broker/aggregator distribution with partnerships with insurance technology start-ups...
26 May, 2016, 03.01 PM IST
Coverfox.com launches doorstep claims service in MumbaiThe service ensures timely claims support with the help of third party auto service providers, with a promise to return car in three days.
18 May, 2016, 03.22 PM IST
Coverfox eyes premiums worth Rs 1,000 crore in three yearsThe N R Narayana Murthy-backed start-up has about 70,000 policies till date and is growing at a steady clip of 20 per cent month-on-month i...
13 Mar, 2016, 11.58 AM IST
Coverfox in talks with old & new investors for funds to back company’s expansion plans“We are currently reasonably well funded, but will start the fresh fundraise process in the next few months,” said Varun Dua.
22 Feb, 2016, 04.01 AM IST
VC firms Accel, SAIF Partners invest Rs 76 crore in CoverfoxThe new round comes around six months after the startup raised its initial funding round from SAIF Partners and Accel India, who also parti...
24 Apr, 2015, 10.30 AM IST