Stockbroker Dhan acquires GreenLife Insurance Broking
Raise Financial plans to invest $15 million to build a direct consumer insurance distribution platform.
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Raise Financial plans to invest $15 million to build a direct consumer insurance distribution platform.
Stratzy will continue to function as an independent, wholly owned subsidiary under Raise.
The funding round saw participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund.
The appointment of Shah comes amid fresh fund raising activity at Dhan's parent company Raise Financial Services.
Prior to joining Raise, Gupta worked as Group CFO at Arka Fincap. Previously he worked at Indostar Capital Finance and ICICI Bank.
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