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General Atlantic backed Acko taps into health insurance space

Finance

03 March, 2023

General Atlantic backed Acko taps into health insurance space

Digital insurer Acko General Insurance Ltd has forayed into retail health insurance to disrupt the sector, which is primarily dominated ......

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Acko to close up to $150 mn funding from CPP Investments, General Atlantic, others

Finance

25 January, 2023

Acko to close up to $150 mn funding from CPP Investments, General Atlantic, others

Digital insurance provider Acko General Insurance is close to raising $100-150 million (around ₹820-1,200 crore) from new and existing investors, ......

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Insurtech startups looking at revival this year after a cold 2022

Finance

24 January, 2023

Insurtech startups looking at revival this year after a cold 2022

Equity fundraising by insurtech startups fell 39% in 2022 but industry experts say this year may mark a revival. These ......

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Deals Digest: Fintech cos lead funding race this week

TMT

20 January, 2023

Deals Digest: Fintech cos lead funding race this week

Financial services sector took the front seat in funding activity this week, which also saw Walmart-owned digital payments app PhonePe ......

PhonePe raises $350 mn at $12 billion valuation

Finance

19 January, 2023

PhonePe raises $350 mn at $12 billion valuation

Walmart-owned Indian digital payments app PhonePe has raised $350 million from US private equity firm General Atlantic at a pre-money ......

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ASG Hospital earmarks $123 mn for inorganic bets

Healthcare

13 January, 2023

ASG Hospital earmarks $123 mn for inorganic bets

Ophthalmology-focused ASG Hospital Pvt. Ltd. has kept aside over Rs 1,000 crore ($122.8 million) as part of its inorganic strategy ......

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NoBroker targets profitability in 2 years despite recession woes

TMT

05 January, 2023

NoBroker targets profitability in 2 years despite recession woes

Tiger Global-backed proptech platform NoBroker aims to become profitable in the next two years, despite fears of an impending global ......

General Atlantic-backed KFin Tech's IPO subscribed 2.6x on day 3

Finance

21 December, 2022

General Atlantic-backed KFin Tech's IPO subscribed 2.6x on day 3

The initial public offering (IPO) of General Atlantic-backed KFin Technologies was oversubscribed by 2.59x on the final day of subscription, ......

General Atlantic-backed KFin Tech IPO subscribed 70% on day 2

Finance

20 December, 2022

General Atlantic-backed KFin Tech IPO subscribed 70% on day 2

Private equity firm General Atlantic-backed KFin Technologies' initial public offering (IPO) was subscribed 70% at the end of day 2, ......

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GA to step up India funding, sharpen focus on IT services

Finance

22 November, 2022

GA to step up India funding, sharpen focus on IT services

General Atlantic, which has invested $3.3 billion in Indian companies such as Byju’s, Jio Platforms and Reliance Retail in the ......