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OFFLINE INSURANCE DISTRIBUTION
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.- ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- Offline insurance distribution could surge 4X to Rs 60,000 crore by FY30: HSBC reportAgent-led insurance distribution sourced Rs 13,800 crore in premiums in FY25 and is projected to reach Rs 60,000 crore in five years, says ...
- PhonePe's Pincode to focus exclusively on B2B business solutions for merchantsPhonePe's Pincode is embracing a transformative shift by putting all its chips on B2B business solutions for offline stores. This decisive ...
- GST officials conduct search operations at Policybazaar officeThe Gurugram-based company said that the search operations were linked to some vendors doing business with one of PB Fintech’s subsidiary e...
- Bandhan Life partners with Bandhan bank to boost insurance biz, eyes Rs 300cr premium in first yearBandhan Life Insurance has partnered with Bandhan Bank to distribute life insurance products through its 1,700 branches. The company plans ...
- PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
- Policybazaar, Nykaa strong bets after lock-in expiry: JM FinancialWith incremental scale achieved by growth across BPC, fashion and other (B2B superstore primarily) verticals, we expect the EBITDA margin t...
- Insurtech startup Turtlemint bags $120 million as valuation tops $900 millionThe company intends to use the fresh funds to expand in new geographies, including international expansion into Southeast Asia scale its le...
- Sequoia, Nexus Venture, Blume Ventures invest $ 25% in TurtlemintWhile Sequoia is the new investor in the company the other are existing investors, the company said Wednesday.
- Essel Finance acquires Bimadirect operator for Rs 25-30 croreThe transaction is being carried out in two tranches: it comprises an upfront payment of 75% of deal value and the rest in milestone paymen...
- Is e-buying suitable for every insurance policy? Find outBefore you shop online, you need to understand the features of insurance policy correctly and get the quantum of your cover right.
- The future of online life insuranceOne must understand that there are four basic drivers that compel consumers to invest their time and effort to buy a product online.
- Advantages of online insuranceWith click of a mouse you can buy any policy from any corner of the world at any point of time.
- Smart things to know about online term insurance policiesThese policies may be the same as those sold through distributors or could be for exclusive online sale.
- Why buy an online UlipIf you know the kind of policy that suits you, this option can help you get better returns from the Ulip.
- Online insurance platform will offer products customised for individualsThere are plenty of advantages for customers to opt for the online medium for non-life insurance products such as motor, travel and health.
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