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INSURTECH FUNDING
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...- 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...
- 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...
- 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...
- Insurtech funding set to top $1 billion in 12 monthsInsurtech funding in India is poised to surpass $1 billion in the next year, following a period of moderated investment. A recent report hi...
- 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 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...
- Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this weekMultiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups,...
- 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 startup Bharatsure raises $1 million in funding round led by Capital-AInsurtech startup Bharatsure, the parent of Healthysure, has raised $1 million in a funding round led by early-stage venture capital fund C...
- Insurtech startup Riskcovry gets $4.5 million in bridge roundRiskcovry plans to use these funds to push towards profitability and eventually close its series B round of funding.
- Insurtech startup BimaKavach gets IRDAI licence for corporate insuranceBimaKavach sells corporate insurance products, mainly targeting small and medium enterprises. It currently has a portfolio of 18 insurance ...
- ETtech Deals Digest: Another drab week, but funding density improves on yearThe deals average at about $9.6 million per deal in the week, versus $3.26 million per deal in the same week of October 2022.
- 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.
- 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,...
- 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...
- Payments business leads fintech deals in IndiaPayments companies were the most lucrative funding choices as capital into these more than tripled to $2.1 billion from about $660 million ...
- 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...
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