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True North eyes spectacular returns from financial services deal

Finance

27 March, 2023

True North eyes spectacular returns from financial services deal

True North, one of India’s oldest private equity (PE) firms, which is on track to raise its seventh mid-market fund ......

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Losses will continue to narrow over next couple of years: Policybazaar UAE

Finance

24 March, 2023

Losses will continue to narrow over next couple of years: Policybazaar UAE

PBFintech-operated insurtech player Policybazaar, which went public in November 2021, had entered the international market in 2018 with Policybazaar UAE. ......

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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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 ......

PB Fintech's Q2 net loss narrows

Finance

07 November, 2022

PB Fintech's Q2 net loss narrows

PB Fintech Ltd, the parent of online insurance aggregator PolicyBazaar on Monday, narrowed its losses in the quarter-ended September 2022.  The ......

Early-stage startups BimaKavach, Humors Tech raise funding

TMT

06 October, 2022

Early-stage startups BimaKavach, Humors Tech raise funding

Indore-based business insure-tech startup BimaKavach has raised $2 million in a seed funding round led by WaterBridge Ventures, along with ......

Acko's net loss jumps as revenue crosses ₹1,000 cr

Finance

30 September, 2022

Acko's net loss jumps as revenue crosses ₹1,000 cr

Acko General Insurance has posted a net loss of ₹382.3 crore in the financial year 2021-22, with revenue from operations ......

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RenewBuy seeks to raise up to $100 mn in fresh capital

Finance

27 September, 2022

RenewBuy seeks to raise up to $100 mn in fresh capital

Insurtech startup RenewBuy has appointed Kotak Mahindra Capital to advice on its plan to raise $75-100 million, said three people ......

Go Digit Insurance files for IPO, seeks to raise Rs 1,250 cr

Finance

16 August, 2022

Go Digit Insurance files for IPO, seeks to raise Rs 1,250 cr

Virat Kohli-backed Go Digit Insurance has filed for an initial public offering (IPO) with markets regulator Securities and Exchanges Board ......

PolicyBazaar's Q1 net loss widens but revenue doubles

Finance

10 August, 2022

PolicyBazaar's Q1 net loss widens but revenue doubles

Online insurance aggregator PolicyBazaar, operated by PB Fintech Ltd, reported a wider net loss of Rs 204.3 crore for the ......