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INSURTECH STARTUPS
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 ...- 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...
- 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,...
- 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 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...
- Insurtech startups check expenses to secure profitsInsurtech startups such as Acko and Digit have switched gears to health insurance which is a more long-term product despite starting with m...
- 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 ...
- 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...
- Acko earmarks over Rs 25 crore on sports sponsorships in FY23The insurtech start-up will increase its overall marketing budget to Rs 250 crore from Rs 150 crore last year.
- 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.
- Insurtech startup GramCover raises $7 million in Series A fundingThe insurtech startup will use the fresh capital to strengthen the technology and product offerings and also scale up the business and supp...
- 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...
- 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...
- 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...
- Swiss Re launches 'InsurTech' startup acceleratorInsurTech provides an opportunity for startups to develop products and business case. Up to five startups in India will be selected for the...
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