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INSURTECH DISTRIBUTION INDIA
Insurtech startup Turtlemint files draft papers for Rs 2,000 crore IPO; listing likely by AprilThe issue will consist of a fresh issue of shares worth Rs 660 crore and an OFS of about 2.8 crore shares, aggregating to around Rs 1,300 c...- Legal and regulatory landscapes set to transform with InsurTech and AI in insurance: Lokanath Prasad Kar, ElpeeCoIndia's insurance sector is rapidly evolving, driven by new risks and technological advancements. While IRDAI's "Use & File" approach foste...
- InsuranceDekho set to merge with RenewBuyInsuranceDekho and RenewBuy have merged through a share swap. The deal values the combined entity at ₹7,400 crore. Ankit Agrawal of Insuran...
- 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...
- Insurtech startup Zopper bags $25 million in round led by Elevation Capital, Dharana CapitalThe round also saw participation from existing investor Blume Ventures. The company has raised $96 million in funding till now from the lik...
- Insurtech sector attracted $2.5 bn funding, more investment to flow: ReportThe Indian insurtech sector has raised over USD 2.5 billion and is expected to attract more investment due to significant growth opportunit...
- 'Insurance for all': IRDAI urges cos to strategize making insurance affordableThe Insurance Regulatory and Development Authority of India (Irdai) encouraged companies to devise affordable insurance products to achieve...
- Insurtech startups make hay as embedded insurance gets the spotlightFrom banks that want to cross-sell insurance products to ecommerce companies offering to insure large-ticket purchases to travel aggregator...
- Decoding InsuranceDekho’s back-to-back funding rounds amidst a funding winterAmidst a funding winter, when startups are having to go the extra mile to justify every dollar of their valuation, InsuranceDekho stood out.
- Irdai on a transformational journey to take insurance to massesUnder new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.
- IRDAI considering Managed General Agencies in insuranceInsurtech startups which mostly operate as insurance intermediaries are pushing for a new set of licences from the IRDAI to set up agencies...
- PolicyBoss closes series B funding round, seeks to deepen last-mile presenceThe investors include India SME Investments and Madhav Mirani (ex Co-founder, Ugam Solutions), prominent angel investor Jitendra Gupta 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...
- Screwvala backed insurejoy.com becomes the fastest-growing Insurtech Startup
- Insurtech startup Turtlemint bags $120 million as valuation tops $900 millionThe company intends to use the fresh funds to expand in new geographies, including international expansion into Southeast Asia scale its le...
- Tech’s the future for insurersUnforeseen calamities in the past few years have acted as a tailwind for insurance companies, as they seek to up their technology game eith...
- PhonePe gets IRDAI nod to sell life, general insurancePhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a...
- Jungle Ventures makes its first insurtech investment in TurtlemintInsurtech startup Turtlemint will use the latest funding to grow its distributor network in the next 18 months, and for product development...
- Insurtech startup Riskcovry gets $5 million in Series A fundingInsurtech startup Riskcovry will utilise the funding to build new insurance products, invest in its data science team and products, and qua...
- GramCover raises Pre-Series A funding from EMVC, Flourish, othersGramCover is creating an ecosystem for delivery of insurance products including crop, livestock, health, motor, life, and asset insurance t...
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