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Plum Insurance posts Rs 41 crore in operating revenue in FY24

Plum Insurance posts Rs 41 crore in operating revenue in FY24

08 Dec 2024, 00:22 AM

The Tiger Global-backed Plum Insurance saw its losses decline by 54% to Rs 25.5 crore from Rs 55 crore in FY23.

Go Digit posts 3x jump in Q2 net profit

Go Digit posts 3x jump in Q2 net profit

05 Nov 2024, 02:09 AM

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

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Fintech Highlights

  1. Zerodha Capital FY26 net profit rises 20% to Rs 14.7 crore

  2. Turtlemint raises Rs 397 crore from anchor investors

  3. Dhan parent Raise Securities' FY26 net profit falls 20% to Rs 326 crore

  4. ARIFAC launched to boost India’s fight against money laundering and terror financing

  5. NSE files IPO papers for OFS-only public issue
  6. Read more news...

AI/Emerging Tech

  1. OpenAI’s Q1 cash burn hits $3.7 billion as it readies for IPO

  2. HSBC expands AI push with Google Cloud deal

  3. Pramaana Labs raises $27 million led by Khosla Ventures

  4. SpaceX to acquire AI coding startup Cursor in $60 billion deal

  5. ContraVault AI raises pre-Series A funding led by Chiratae Ventures
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]