Irdai

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

05 Aug 2025, 12:44 PM

A major violation involved the company's failure to inform regulators about key leadership personnel holding board positions at other firms.

Ajay Seth appointed as new IRDAI chief

Ajay Seth appointed as new IRDAI chief

29 Jul 2025, 13:04 PM

Ajay Seth's most recent role was as finance secretary, preceded by his tenure as secretary in the Department of Economic Affairs.

Jupiter Money gets IRDAI approval to enter insurance distribution space

Jupiter Money gets IRDAI approval to enter insurance distribution space

17 Jul 2025, 12:41 PM

The licence allows Jupiter to sell both life and general insurance policies through its app.

Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence

Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence

17 Mar 2025, 20:11 PM

As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.

Who Reads Us

Fintech Highlights

  1. PB Fintech July-Sept revenue up 38% to Rs 1,613.5 crore

  2. Razorpay partners with NPCI International to launch UPI payments in Malaysia

  3. General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

  4. Jupiter raises $15 million from existing investors Mirae Asset, Beenext, 3one4

  5. Drip Capital raises $50 million debt funding from Toronto-Dominion Bank
  6. Read more news...

AI/Emerging Tech

  1. Mem0 raises $24 million from Kindred Ventures, Basis Set, Peak XV

  2. Cameo sues OpenAI for trademark infringement

  3. OpenAI completes recapitalization to form for-profit corp

  4. Amazon cutting 14,000 corporate jobs amid AI wave

  5. PayPal partners with OpenAI to enable payments within ChatGPT
  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar