Insurance

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

14 Nov 2024, 17:21 PM

InsuranceDekho's revenue from operations surged to Rs 743.6 crore for the fiscal year, ending March 2024 from Rs 96.5 crore reported in the previous fiscal.

Policybazaar parent PB Fintech sees QoQ decline in net profit

Policybazaar parent PB Fintech sees QoQ decline in net profit

07 Nov 2024, 19:48 PM

The company posted a net profit of Rs 51 crore in the September quarter compared to Rs 60 crore profit recorded in the June quarter.

Cred enters insurance via Garage platform

Cred enters insurance via Garage platform

05 Nov 2024, 10:15 AM

The fintech is reportedly working with three insurance companies to co-create an insurance product.

Insurance Dekho, RenewBuy eye merger to compete with PolicyBazaar

Insurance Dekho, RenewBuy eye merger to compete with PolicyBazaar

04 Nov 2024, 21:54 PM

This announcement follows InsuranceDekho’s recent acquisition of a composite insurance broking license from IRDAI.

Go Digit posts 3x jump in Q2 net profit

Go Digit posts 3x jump in Q2 net profit

04 Nov 2024, 21:39 PM

The insurer's profit after tax jumped 221.4% to Rs 89 crore from Rs 28 crore in Q2 FY24.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 14:28 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Acko inching close to $100-$120 million secondary share sale: report

Acko inching close to $100-$120 million secondary share sale: report

23 Oct 2024, 16:31 PM

Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.

Fintech Hightlights

  1. Groww’s valuation falls below $2 billion due to domicile shift back to India

  2. SoftBank-funded OfBusiness hires top bankers for IPO in 2025

  3. Innoviti ropes in Nish Kotecha to its advisory board

  4. BusinessNext introduces AI agent platform for BFSI sector

  5. SME-focussed fintech CredFlow raises $3.7 million led by existing investors
  6. Read more highlights...

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