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Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.- Fintechs go easy on IPO plans as war rattles stock marketsPublic listing plans for new-age fintech companies have received a major blow as the crisis in West Asia has battered the Indian rupee and ...
- Insurtech startup Turtlemint files draft papers for Rs 2,000 crore IPO; listing likely by AprilThe issue will consist of a fresh issue of shares worth Rs 660 crore and an OFS of about 2.8 crore shares, aggregating to around Rs 1,300 c...
- Jungle Ventures elevates two executives to managing partnerJungle Ventures has elevated Arpit Beri and Rishab Malik to managing partners. This move bolsters the firm's senior leadership as it expand...
- Voice AI firm Arrowhead raises $3 million in a round led by Stellaris Venture PartnersArrowhead has raised $3 million in a funding round led by the early-stage venture capital firm Stellaris Venture Partners. The round also s...
- InsuranceDekho closes $70 million funding round led by Mitsubishi UFJ, othersGurugram-headquartered insurance distributor InsuranceDekho plans to use the fresh capital to expand its presence, enhance tech-driven offe...
- From digital to doorstep, insurtech startups take the offline route, will it work?Indian insurtech startups, initially focused on online sales, are now rapidly expanding their networks of physical agents. This shift, driv...
- InsuranceDekho in talks to acquire credit marketplace BankSathi: sourcesInsurance marketplace InsuranceDekho, backed by investors like TVS Capital and Goldman Sachs Asset Management, will acquire a majority stak...
- Consumer, fintech top sectors for venture debt funding in 2023: ReportAccording to a report from Stride Ventures, fintech led with a more than 55% share of the total investment of $1.2 billion in 2023, followe...
- Companies rush for cyber insurance on data laws, digitisationGenerally higher claims and lack of strong IT systems for SMEs is causing insurers to be wary about offering these products actively.
- Insurance platform Turtlemint leases 35,000 sq ft office near Mumbai airportThese companies have leased the space for a five-year tenure from Chalet Hotels, a K Raheja Corp company. The occupiers will be paying rent...
- 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 ...
- Fintech startup Multipl raises $3 million in funding led by Blume Ventures, GrowX, othersThe company said it plans to utilize the funds to widen investment options and help Indians plan their expenses better.
- ETtech Deals Digest: Turtlemint, WoodenStreet, Geniemode, others raised funds this weekInsurtech startup Turtlemin, Singapore-based Believe Pte Ltd, Furniture and home decor platform WoodenStreet were among the startups that r...
- 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 startup Riskcovry gets $5 million in Series A fundingInsurtech startup Riskcovry will utilise the funding to build new insurance products, invest in its data science team and products, and qua...
- 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...
- 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.
- Turtlemint raises $25 million from Sequoia IndiaThe Mumbai headquartered company which sells insurance products through an assisted online model intends to scale up operations further aft...
- Sequoia Capital backs Smallcase, TurtlemintVC firm puts $8m in Smallcase and is said to have led a $6m round in Turtlemint.
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