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insurance

Singapore's GIC ups stake in SBI Life Insurance via secondary deal

Finance

15 March, 2021

Singapore's GIC ups stake in SBI Life Insurance via secondary deal

GIC, the sovereign wealth fund of the island-state of Singapore, has picked up additional stake in SBI Life Insurance via ......

Amazon Pay raises $30 mn in funding from parent

TMT

15 March, 2021

Amazon Pay raises $30 mn in funding from parent

Weeks after Amazon’s reported push to set up a New Umbrella Entity (NUE) with ICICI Bank, Axis Bank and Visa, ......

Jungle Ventures makes first insurtech bet with investment in Turtlemint

TMT

09 March, 2021

Jungle Ventures makes first insurtech bet with investment in Turtlemint

Invictus Insurance Broking Services, which runs insurtech platform Turtlemint, on Tuesday said it has raised an undisclosed amount from Singapore-based ......

Omidyar Network India leads Series A round in insurtech firm Riskcovry

TMT

09 March, 2021

Omidyar Network India leads Series A round in insurtech firm Riskcovry

Riskcovry, an insurance-technology startup, has raised $5 million (around Rs 36.6 crore) in a Series A round of funding.  The round ......

Budget 2021: Virus-boosted insurers get foreign tailwind; capital injection for PSBs

Finance

01 February, 2021

Budget 2021: Virus-boosted insurers get foreign tailwind; capital injection for PSBs

Finance minister Nirmala Sitharaman announced steps in the budget aimed at boosting the capital base of public sector banks and ......

WealthDesk, Dangal Games, ClaimBuddy, The Label Life raise funding

TMT

19 January, 2021

WealthDesk, Dangal Games, ClaimBuddy, The Label Life raise funding

WealthDesk, a business-to-business-to-consumer (B2B2C) investment-tech platform, has raised an undisclosed amount in pre-Series A funding. The platform, run by Wealth Technology ......

Digit Insurance is India's newest unicorn, valued at $1.9 bn

TMT

15 January, 2021

Digit Insurance is India's newest unicorn, valued at $1.9 bn

Cloud based general insurance company Digit Insurance said Friday it had been valued at $1.9 billion, following a $18.4 million ......

How representations and warranties insurance can give a push to M&A deals

Opinion

02 December, 2020

How representations and warranties insurance can give a push to M&A deals

The Indian mergers and acquisitions (M&A) market, which had seen one of the biggest booms in the last decade, is ......

Munich Re's VC arm backs online insurer Acko in first India bet

TMT

16 September, 2020

Munich Re's VC arm backs online insurer Acko in first India bet

Insurance startup Acko Technology & Services Pvt Ltd said on Wednesday it has raised $60 million (Rs 441.4 crore). The round ......

Insurance-tech startup Plum Benefits raises funding from Incubate Fund, others

TMT

14 July, 2020

Insurance-tech startup Plum Benefits raises funding from Incubate Fund, others

Plum Benefits Pvt. Ltd, which helps companies set up group health insurance programmes, has raised Rs 7 crore ($927,994 at ......