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INSURTECH STARTUPS PROFIT
Google Pay’s credit boost; Spiritual apps chant ‘AI’Happy Tuesday! Google Pay is working to launch a co-branded credit card. This and more in today's ETtech Morning Dispatch.- Zerodha’s Rainmatter invested Rs 275 crore in 2024 across climate, health startups: Nithin KamathRainmatter, backed by Zerodha, invested Rs 275 crore in 47 startups last year, focusing heavily on climate and health sectors. The firm pla...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Gemba Capital ropes in banking expert Somak Ghosh in its advisory boardGhosh brings more than 30 years of experience across corporate and development banking, venture capital. He started his career in 1993 and ...
- Go Digit hits second year of profit in FY24, shares surgeThe company's shares were up nearly 10% in the early trade on Wednesday, the stock closed at Rs 341,75, up 1% from the previous day. In the...
- Startups in queue for insurance licence face stricter normsBacking of a large local investor, considerable net worth of promoter and founder are among key requirements laid down by the sector regula...
- Insurtech startup Acko aims to achieve profitability by fiscal year 2027Acko is eyeing profitability on the back of its general and health insurance segment turning earnings positive, founder and CEO Varun Dua s...
- Eruditus plans India flip; Ayodhya boost for spiritual appsIndian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is ...
- 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...
- December dip in online sales; insurtech firms chart fresh growth pathsAfter an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in today’s ETtech...
- 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 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.
- Bimaplan secures $3.5 million in fresh funding from Orios Venture Partners and othersBimaplan is an embedded insurance startup that works with financial services companies and ecommerce platforms, helping them with the capab...
- 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.
- Zerodha allocates an additional Rs 1,000 crore to back startups through RainmatterZerodha said in a blog post Friday that it has now partnered with over 80 startups and has invested close to Rs 400 crore over the last sev...
- Startup funding winter could extend 6 to 12 months despite positive indications: Redseer surveyNearly 50% of investors in the survey, conducted in June 2023, were optimistic about a resurgence in funding within the next six to 12 mont...
- 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...
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