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UK INSURTECH
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...- Keir Starmer pitches UK as global fintech partner during India visitUK Prime Minister Keir Starmer aims to position the UK as the premier global partner for finance and fintech innovation during his India vi...
- ETtech Deals Digest: Startups raise $261 million in week ending March 7; up 39% on-yearThe funds were raised by startups across seed, early, and late stages through 19 deals, compared to 53 deals in the same period of the prev...
- Singapore's bolttech, valued at $2.1 billion, raises over $100 millionOther investors in the latest funding round include UK investment management firm Baillie Gifford and insurer Generali's private equity arm...
- Acko appoints Sandip Goenka as CEO of Acko LifeAcko appoints founding member Sandip Goenka as CEO of its new life insurance business. Goenka, with over two decades of experience, will de...
- Gadkari's letter seeking removal of 18% GST on health insurance premium was released without permission, Sitharaman tells RSUnion Finance Minister Nirmala Sitharaman revealed in the Rajya Sabha that a letter from Transport Minister Nitin Gadkari, which requested ...
- 18% GST on health insurance: FM Sitharaman addresses issue in the Lok SabhaUnion Finance Minister Nirmala Sitharaman addressed concerns about the 18% GST on health insurance during a Lok Sabha debate. She noted tha...
- Fintech solutions can help attain USD 7 trillion economic vision
- Economic Survey flags misselling, claims issue in insurance sectorWhile referring to financial products misselling, the survey said that misselling and misrepresentation need acknowledgment, with firms com...
- Eruditus plans India flip; Ayodhya boost for spiritual appsIndian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is ...
- Value of fintech-led businesses to rise to $400 billion by 2030: reportBetween 2018 and 2022, equity infusion has gone up to $6 billion from around $2 billion, the report from Elevation Capital found. However, ...
- Insurtech is well-insuredLondon has the same number of insurtech unicorns as the rest of Europe combined, and globally is second only to Silicon Valley. Indeed, of ...
- ResultsCX buys Bulgaria's 60K, enters Europe“The UK and continental Europe are strategic markets for us. We have very ambitious growth plans for the region. The acquisition of 60K and...
- Life insurance penetration in India reaches 3.2%, close to global averages: Benori KnowledgeInsurance penetration is expected to increase in the coming years owing to multiple factors that include changing consumer perception and r...
- RenewBuy acquires fintech firm Artivatic.AIArtivatic.AI is valued at $10 million while acquisition is done by a combination of cash payment and share-swap deals. Promoters of the AI-...
- What’s behind the insurtech boom?In today's ETtech Morning Dispatch: Acko raises $200 million to become India's latest startup unicorn, Govt-Twitter spat set up escalate ov...
- RenewBuy raises $45 million in Series C funding from Apis fundRenewBuy, an insurtech startup, will use the funding from Apis Growth Fund II to scale technology, add more products and expand the digital...
- Fintech startups re-bundling their products, expanding into new geographies: GlobalDataGlobalData said One97 Communications, the parent company of Paytm, became the first fintech unicorn in India after securing $1.6 billion in...
- Fintech investments in India nearly doubled to $3.7 billion in 2019, says AccentureAccenture, which analyzed data from CB Insights, a global venture-finance data and analytics firm, said the number of deals was up slightly...
- India retains volume but loses value in fintech funding: KPMG and CB Insights on Q2'16KPMG and CB Insights record a fall in VC-backed fintech startups in Q2'16 but predict a better overall performance than 2015.
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