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Go Digit Q4 net profit rises 28% YoY to Rs 149 croreGo Digit General Insurance reported a 6.2% increase in gross written premium to Rs 2,736 crore for the March quarter, driven by robust moto...- 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....
- GoDigit promoters get Irdai nod for first pvt reinsurerValueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...
- Union Budget 2025: Government proposes 100% FDI in insurance sectorAccording to industry insiders, this move can help spawn new insurance companies and bolster existing insurance firms. Insurance distributi...
- Gainers & Losers: Coforge, BPCL among 7 stocks in limelight on ThursdayIndian benchmark indices rose, driven by IT stocks and pharma gains. GoDigit Insurance, Zensar, Coforge, Pidilite, and Vardhman Textiles sa...
- Go Digit General Insurance raises Rs 1,176 crore in pre-IPO fundingFidelity, Goldman Sachs, ADIA, Steadview Capital, SBI MF, ICICI Prudential MF and Axis MF are among the anchor investors that participated....
- Only 22% of unicorns were started by solopreneurs in last decade: PrivateCircleIn the last decade, Indian unicorns saw 22% started by solopreneurs and 78% with two or more co-founders. Cofounder unicorns had 32% higher...
- 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 ...
- ETtech Deals Digest: Indian startups remain parched as funding taps stay dry in scorching summerThis week, Indian startups raised $97 million across 18 rounds.
- 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.
- Go-Digit to refile IPO papers after Sebi returns prospectus over employee stock plansSuch rights allow an employee to receive a bonus equivalent to the rise in the company's stock price over a certain period - something Indi...
- Go Digit General Insurance’s IPO gets IRDAI’s go-ahead: ReportsIn August, the general insurance firm filed draft papers seeking approval from the Securities and Exchange Board of India (SEBI) to go publ...
- Sebi puts Fairfax Group-backed Go Digit's IPO in 'abeyance'In August, the Fairfax Group-backed company filed draft documents for its IPO, looking to raise Rs 1,250 crore from a fresh issue of shares...
- Sebi keeps GoDigit IPO in abeyanceAccording to the draft documents, the company's customer base increased to 25.77 million in FY22 from 14.27 million in the year ago period....
- 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...
- TVS Shriram Growth Fund III raises Rs 2,000 crore towards final closeTVS Shriram says it has raised Rs 1,550 crore in overall assets under management for its blind pool, with a potential co-investment pool of...
- ICICI Lombard IPO to hit D-Street on September 15The Company is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited.
- HDFC Bank launches nationwide campaign to go digitalPrivate sector lender HDFC Bank today launched a nationwide campaign to position itself as a premier digital bank.
- HDFC Bank launches 10-second personal loan disbursement schemeThe entire process of availing the loan is completely paperless, and users can simply log into their bank account via net-banking or mobile...
- HDFC Bank unveils PayZapp online payment solutionHDFC Bank launched a mobile phone application, PayZapp, for online payments and money transfer
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