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Delhi Hotel Fire: They gathered from Bengaluru and Rajasthan to be with ailing father; Eight are dead and he hasn't been toldDelhi fire news today: A family reunion in Delhi to be with a critically ill patriarch turned tragic when a fire engulfed a hotel, killing ...- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, WiproMarkets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP iss...
- 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...
- LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...
- BimaKavach appoints Pradeep Siddharthan as CTPOBusiness insurtech firm BimaKavach has appointed Pradeep Siddharthan as its Chief Technology and Product Officer. Siddharthan will spearhea...
- Sadev Ventures appoints Ishan Kansal as cofounder and managing partnerSadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a se...
- Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
- Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeksInsurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks a...
- InsurTech firm ACKO drives into car repair and service spaceACKO, the Bengaluru-based insurtech firm, is expanding into car servicing and repair with its ACKO Drive Service Centres, targeting cars ou...
- Wipro acquires US insurtech firm Aggne Global for $66 millionWipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a s...
- Global insurtech funding down 72% last year from 2021 peak: reportFunding for the insurtech sector dropped to $4.5 billion in 2023, down 44% from 2022 and 72% from its 2021 peak. Poor performance by Lemona...
- 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...
- 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 ...
- Insurtech startup GramCover raises $7 million in a Series A roundThe fresh capital will be used to strengthen the technology and product offerings and also scale up the business and support functions.
- 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...
- ETtech Exclusive: Acko in talks to raise $200 million, may become India’s next unicornHeightened interest among risk investors in the overall fintech sector, due to greater digital adoption triggered by the Covid-19 pandemic,...
- India is second largest insurtech market in Asia Pacific, S&P Global saysIndia and China, collectively home to nearly half of insurtech startups in the Asia Pacific, will continue to corner the lion's share of ve...
- 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...
- SE2 sets up technology center in PuneSE2 is a technology and third-party administration company that caters to the North American life and annuity insurance market.
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