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Turtlemint Fintech IPO Day 1: Retail portion subscribed 10%. Check GMP, brokerage calls and other detailsTurtlemint Fintech’s IPO opened to a cautious response, with modest early subscription and stronger participation from retail investors. Mu...- Turtlemint Fintech's Rs 883 crore IPO opens for subscription. Check brokerage review, GMP and other detailsThe IPO comprises a fresh issue worth Rs 660.7 crore and an offer for sale (OFS) of Rs 221.9 crore, taking the total issue size to about Rs...
- Should long term investors bet on Turtlemint Fintech IPO?Insurance platform Turtlemint Fintech Solutions aims to raise ₹882 crore via IPO to boost technology and working capital. Despite revenue g...
- Offline insurance distribution could surge 4X to Rs 60,000 crore by FY30: HSBC reportAgent-led insurance distribution sourced Rs 13,800 crore in premiums in FY25 and is projected to reach Rs 60,000 crore in five years, says ...
- PB Fintech’s Yashish Dahiya spots new insurance business opening via MGAsIn a separate disclosure to the stock exchanges, the company said that it is planning a qualified institutional placement (QIP) to raise fr...
- How technology is empowering new-age insurance models and micro-entrepreneursIndia's insurance sector is undergoing a significant transformation, driven by increased internet access, smartphone usage, and supportive ...
- InsuranceDekho set to acquire rival RenewBuy valuing it at $300-350 millionThere is a major consolidation brewing in the insurance distribution space, with two of the large players InsuranceDekho and Renewbuy being...
- Insurance brokers may join govt efforts to expand Fasal Bima coverageThe government plans to involve insurance brokers in PMFBY to reach non-loanee farmers. This initiative aims to enhance enrollment and incr...
- Digit to go public on May 15, looking to raise Rs 1,125 croreDigit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines fro...
- PB Fintech Q3 results today: Fintech likely to swing to profit. Key things to track for investorsPB Fintech Q3 results: PB Fintech, operator of policybazaar, to report Q3 results today with expected revenue growth of 34% YoY and first p...
- Policybazaar parent reaffirms FY24 profitability plan, even as Q2 remains in lossesChairman Yashish Dahiya says Q3 and Q4 are the strongest for PB Fintech and will help offset losses in the first two quarters.
- InsuranceDekho bags $60 million, valuation hits $750 millionThe insurance marketplace wants to double its insurance premium count by the end of this fiscal.
- Credit a better bet for fintechs eyeing expansion: PBFintech's Yashish DahiyaWhile admitting that there is a viable business to be set up in digitising the physical agent network, Dahiya said there is definitely a bu...
- Brokerages bullish on PB Fintech, raise price targetsShares of PB Fintech opened over 5% higher in Tuesday's trading but could not hold on to any gains, ending at ₹617 on the NSE, down 0.35% f...
- Down 53% from high, is PB Fintech a buy after narrowing of Q4 losses?Ebitda margins improved to minus 47.2 per cent (minus 14.8 per cent excluding ESOP expenses) in the March quarter, a sequential improvement...
- SBI General Insurance to bear cost of COVID vaccination for active agents, POSPs"The COVID-19 pandemic has created unprecedented challenges for businesses and people across the world. It's certainly commendable to witne...
- Symbo Platform bags $9.4 million from CreditEase Fintech Investment Fund, othersWith the proceeds from this round, Symbo intends to continue investing in its core technology and leadership team to bring its offerings to...
- Insurtech firm Turtlemint raises $30 million in Series D round of fundingThe startup plans to use funds raised for increasing advisory network, product enhancement, technology upgrades, and increasing the enginee...
- BSE EBIX Insurance Broking announces beta launch of health insurance products on its platformBSE wants to leverage its world-class technology and expertise in transaction processing and risk management in insurance distribution. It ...
- Sequoia, Nexus Venture, Blume Ventures invest $ 25% in TurtlemintWhile Sequoia is the new investor in the company the other are existing investors, the company said Wednesday.
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