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INSURTECH UNICORNS
60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: reportIn the last two years, companies such as quick commerce platform Zepto, non-banking lender InCred, Ola founder Bhavish Aggarwal’s artificia...12 Oct, 2024, 09.19 AM IST- India to have 150 fintech unicorns with combined $500 billion valuation by 2030: reportThe report, titled ‘Indian Fintech Journey from Evolution to Mega Public Listings’, released on Tuesday, forecast that the combined revenue...03 Sep, 2024, 06.20 PM IST
- Insurtech startup Finsall raises Rs 15 crore from Unicorn India Ventures, SeafundFinsall, a Bengaluru-based insurtech startup, raised Rs 15 crore in bridge funding led by Unicorn India Ventures and Seafund. The funds wil...12 Jun, 2024, 06.23 PM IST
- India Inc investing in employee benefits despite constrained budgets, rising premiums, says Plum reportA survey by Plum reveals a doubling in adoption of customizable insurance programs for employees, a 15% rise in maternity benefits, and a 1...18 Apr, 2024, 01.23 PM IST
- 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 2022.13 Oct, 2023, 07.29 PM IST
- Value of fintech-led businesses to rise to $400 billion by 2030: reportBetween 2018 and 2022, equity infusion has gone up to $6 billion from around $2 billion, the report from Elevation Capital found. However, ...31 Aug, 2023, 06.00 AM IST
- 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 ...25 Jul, 2023, 11.10 PM IST
- India’s future unicorns worth $49 billion: Hurun Research Institute reportThe report by the research house is a ranking of privately held Indian startups that were founded after the year 2000, worth at least $200 ...01 Jul, 2022, 02.12 PM IST
- 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.24 May, 2022, 04.53 PM IST
- Acko raises new funds led by General Atlantic, Multiples as valuation jumps to $1.1 billionAcko, which is the newest Indian unicorn, was last valued at around $400 million last year.28 Oct, 2021, 06.00 AM IST
- Digit Insurance raises new funds from Sequoia, others at $3.5 billion valuationThe Digit Insurance funding comes at a time when rival insurtech startup Acko is said to be in advanced talks to raise $200 million to beco...02 Jul, 2021, 02.47 PM IST
- 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,...29 Jun, 2021, 08.43 AM IST
- 9Unicorns announces third close of accelerator fund at $40 million9Unicorns has launched Catalysts Program, an initiative to build an open community of founders, chief experience officers and ecosystem dri...16 Apr, 2021, 05.26 PM IST
- 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...12 Mar, 2021, 06.16 PM IST
- Prem Watsa-backed Digit becomes first Indian startup unicorn of 2021The general insurer’s latest Rs 135-crore funding round, led by existing private equity investors A91 Partners, Faering Capital and TVS Cap...15 Jan, 2021, 05.15 PM IST
- Finsall raises Rs 2.4 crore led by Unicorn India VenturesThe company will use the funds to beef up its team, scaling up of the platform, on-boarding insurance companies and lenders and intermediar...05 Jan, 2021, 02.43 PM IST
- Fedo raises $1 million led by Unicorn India VenturesFedo will utilise the funds for entering Australia and Southeast Asia market this year.03 Nov, 2020, 10.55 AM IST
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