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PAYTM INSURTECH
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...
- Listed fintechs cut marketing spends to boost fundamentalsListed fintech startups like PBFintech and Paytm, in a race to strengthen business fundamentals, have consistently cut marketing and promot...
- 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...
- Spiritual tech startup My Tirth India shuts shop due to fund crunchFounder and CEO Indraneel Dasgupta said the startup is grappling with a fund shortage after the demise of Subrata Roy, the principal shareh...
- 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...
- 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...
- 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, ...
- Paytm founder Vijay Shekhar Sharma to self-finance stake increase in insurance bizOne97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close ...
- Paytm files for biggest Indian IPO in at least a decadePaytm parent One97 Communications has filed a draft red-herring prospectus (DRHP) with Sebi to raise Rs 16,600 crore ($2.2 billion) in what...
- 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...
- Insurtech firm Turtlemint raises $30 million in Series D round of fundingThe startup plans to use funds raised for increasing advisory network, product enhancement, technology upgrades, and increasing the enginee...
- Flipkart, Amazon, Paytm, others rush to get a pie of growing insurance marketFlipkart, Amazon, Ola, Paytm, PhonePe and Freecharge are selling diversified sets of policies — ranging from health, life, motor, and busin...
- Paytm grabs 50% share in merchant payments space: ReportThe report said that the current 160 million unique mobile payment users will multiply by five times to reach nearly 800 million by 2025.
- Fintech startups re-bundling their products, expanding into new geographies: GlobalDataGlobalData said One97 Communications, the parent company of Paytm, became the first fintech unicorn in India after securing $1.6 billion in...
- 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...
- Binny Bansal puts $20m more in insurance company AckoWith the fresh infusion of capital, Bansal’s total investment in the new-age insurance firm will go up to $45 million, making it his larges...
- India to see regulations for fintech space soon: KPMG reportWith payments and lending remaining priority areas, fintech interest grew in India during January-March quarter of 2017, global consulting ...
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