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Turtlemint Fintech IPO Day 1: Retail portion subscribed 10%. Check GMP, brokerage calls and other detailsTurtlemint Fintech’s IPO opened to a cautious response, with modest early subscription and stronger participation from retail investors. Mu...- Turtlemint Fintech's Rs 883 crore IPO opens for subscription. Check brokerage review, GMP and other detailsThe IPO comprises a fresh issue worth Rs 660.7 crore and an offer for sale (OFS) of Rs 221.9 crore, taking the total issue size to about Rs...
- Should long term investors bet on Turtlemint Fintech IPO?Insurance platform Turtlemint Fintech Solutions aims to raise ₹882 crore via IPO to boost technology and working capital. Despite revenue g...
- 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 ...
- PB Fintech’s Yashish Dahiya spots new insurance business opening via MGAsIn a separate disclosure to the stock exchanges, the company said that it is planning a qualified institutional placement (QIP) to raise fr...
- How technology is empowering new-age insurance models and micro-entrepreneursIndia's insurance sector is undergoing a significant transformation, driven by increased internet access, smartphone usage, and supportive ...
- Insurance brokers may join govt efforts to expand Fasal Bima coverageThe government plans to involve insurance brokers in PMFBY to reach non-loanee farmers. This initiative aims to enhance enrollment and incr...
- PB Fintech Q3 results today: Fintech likely to swing to profit. Key things to track for investorsPB Fintech Q3 results: PB Fintech, operator of policybazaar, to report Q3 results today with expected revenue growth of 34% YoY and first p...
- Policybazaar parent reaffirms FY24 profitability plan, even as Q2 remains in lossesChairman Yashish Dahiya says Q3 and Q4 are the strongest for PB Fintech and will help offset losses in the first two quarters.
- InsuranceDekho bags $60 million, valuation hits $750 millionThe insurance marketplace wants to double its insurance premium count by the end of this fiscal.
- Hot Stocks: Why SBI, Hindustan Unilever and PB Fintech could give 16-40% returns in 1 year?The global investment bank raised earnings for SBI by 3-5 per cent. It has factored in better credit growth as it is well-placed to gain ma...
- Down 53% from high, is PB Fintech a buy after narrowing of Q4 losses?Ebitda margins improved to minus 47.2 per cent (minus 14.8 per cent excluding ESOP expenses) in the March quarter, a sequential improvement...
- What Morgan Stanley says on PB Fintech & Jefferies on M&MPB Fintech, which operates insurance marketplace PolicyBazaar and credit platform PaisaBazaar, narrowed losses to Rs 219.6 crore in the fis...
- Hero Insurance Broking gets nod for risk, reinsuranceHero Insurance Broking India has acquired a composite broking licence from the Insurance Regulatory and Development Authority of India (IRD...
- 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...
- SBI General Insurance to bear cost of COVID vaccination for active agents, POSPs"The COVID-19 pandemic has created unprecedented challenges for businesses and people across the world. It's certainly commendable to witne...
- BSE Ebix Insurance Broking beta launches term insurance products on its platformWith this launch, BSE Ebix now has the ability to handle insurance sales across both term and endowment policy in the life insurance segmen...
- 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...
- BSE EBIX Insurance Broking announces beta launch of health insurance products on its platformBSE wants to leverage its world-class technology and expertise in transaction processing and risk management in insurance distribution. It ...
- 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.
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