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GODIGIT LIFE
Scripbox acquires wealth manager Bluechip Capital to expand offeringsWithout disclosing the financial details of the deal, Scripbox said that post the acquisition, Bluechip’s employees and clients would becom...
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....
Tax department probes over 20 insurers over breach of expense limitsThe Income Tax Department is scrutinising over 20 insurance firms—around 5–6 life insurers and 15 general insurers—for potential breaches o...
With Irdai opening doors, insurtech firms look to transform into general insurersInsurtech firms such as Bengaluru-based Onsurity and Pune-based Loop Health help employers offer group health policies to their employees a...
Acko gears up to disrupt the life insurance spaceAcko has hired Amit Tiwari, an ex-Amazon India executive, to lead its life insurance business. One of the sources told ET that Acko is yet ...
Go Digit Life to invest up to ₹600 cr as it starts outPromoted by Prem Watsa's Fairfax and industry veteran Kamesh Goyal, the company aims to launch its first product within 30 days.
Go Digit Life Insurance gets Irdai nod to carry life insurance business in India"Insurance Regulatory and Development Authority of India (Irdai) in its 122nd meeting held on June 02, 2023, has granted a Certificate of R...
ETtech Deals Digest: Indian startups remain parched as funding taps stay dry in scorching summerThis week, Indian startups raised $97 million across 18 rounds.
Startups call for exempting more from angel tax; CCI ordered to look into ADIF’s plaints against GoogleThe startup industry wants angel tax to be either scrapped or have its exemption threshold of Rs 25 crore raised. This and more in today’s ...
Axis Bank, HDFC Bank invest in IPO-bound GoDigit’s life insurance businessBoth private sector lenders are pumping in around Rs 70 crore each into the life insurance arm of GoDigit Insurance.
IRDAI approves changes in capital, ownership, solvency of insurance companiesThe Insurance Regulatory and Development Authority of India (IRDAI) has also approved a proposal to permit Private Equity (PE) funds to inv...
Axis Bank Ltd looks to buy near 10% stake in Go Digit Life InsuranceThe development underscores private lenders' growing interest in India's lucrative and largely untapped insurance sector. The country's big...
India's Axis Bank eyes 10% stake in Go Digit life insurance business: SourcesAxis is planning to take a 10% stake for around $9 million in the start-up's upcoming life insurance business, effectively valuing the busi...
HDFC Bank to acquire 9.94% in Go Digit LifeThe company proposes to carry out life insurance business in India, subject to grant of certificate of registration by Insurance Regulatory...
HDFC Bank to pick 10% stake in Go Digit Life InsuranceBacked by Prem Watsa-led Fairfax Group and Kamesh Goyal, who are also promoters of Go Digit General Insurance, the company has applied for ...
Standard Chartered launches digital solution to help businessesThe bank has a Trade GoDigital Solution, an integrated solution giving clients visibility of their export transactions so that they can dig...
Acko gets final Irda license; to start operations by DecemberWe have received final license within a year of filing the application, said Varun Dua CEO designate Acko General Insurance.