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Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Finance

17 January, 2022

Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Cloud-based general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) as the company reported a...

RenewBuy executes second ESOP buyback for existing, former employees

Finance

20 December, 2021

RenewBuy executes second ESOP buyback for existing, former employees

Digital insurance company RenewBuy has executed its second employee stock ownership buyback plan (ESOP), worth Rs 13.7 crore,...

Westbridge Capital-backed Star Health lists 5.8% discount on debut

Markets

10 December, 2021

Westbridge Capital-backed Star Health lists 5.8% discount on debut

Shares of Westbridge Capital and Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Co Ltd on Friday opened at an 5.8%...

Generali eyes bigger stake in India businesses as Future seeks exit -sources

Finance

09 December, 2021

Generali eyes bigger stake in India businesses as Future seeks exit -sources

Italy's Generali is in talks to raise its stake in two Indian insurance businesses as its local partner, debt-laden Future...

Acko General Insurance onboards Bharti AXA MD & CEO

Healthcare

09 December, 2021

Acko General Insurance onboards Bharti AXA MD & CEO

Acko General Insurance has roped in Sanjeev S, former Managing Director (MD) and Chief Executive Officer (CEO) of Bharti AXA ......

Premium
Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

Finance

02 December, 2021

Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

The initial public offering of Star Health and Allied Insurance Co Ltd will cut its offer for sale (sale of ......

Premium
GIC, ADIA and others infuse $429 mn in Star Health IPO as anchor investors

Consumer

30 November, 2021

GIC, ADIA and others infuse $429 mn in Star Health IPO as anchor investors

Chennai-based Star Health and Allied Insurance’s subscription window for a Rs 7,249 crore initial public offering (IPO)...

Park+ raises $25 mn in Series B funding co-led by Sequoia, Matrix Partners, others

Finance

24 November, 2021

Park+ raises $25 mn in Series B funding co-led by Sequoia, Matrix Partners, others

Bengaluru: Parking solutions platform Park+ has raised $25 million as a part of its Series B funding round co-led by ......

Nova Benefits bags Series A funding led by SIG, Bessemer

Healthcare

09 September, 2021

Nova Benefits bags Series A funding led by SIG, Bessemer

Nova Benefits, a corporate health insurance platform, on Thursday said it has raised $10 million as part of its Series ......

HDFC Life to acquire 100% stake in Exide Life for $915 mn

Finance

03 September, 2021

HDFC Life to acquire 100% stake in Exide Life for $915 mn

Homegrown insurer HDFC Life Insurance Company Ltd. will fully acquire stake in Exide Life Insurance, the insurance unit of battery...

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