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Insurance Regulatory And Development Authority Of India

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.

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

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. Pine Labs partners with OpenAI to embed AI APIs in its infrastructure

  2. Stable Money raises $25 million in pre-Series C funding led by Peak XV

  3. Fibe FY25 revenue up by 49% to Rs 1,228 crore

  4. Suhail Sameer-led OTP Ventures closes maiden fund at Rs 500 crore

  5. Otto Money bags pre-seed funding led by Pravega Ventures
  6. Read more news...

AI/Emerging Tech

  1. Sarvam AI unveils two foundational LLMs

  2. Reliance plans to invest $110 billion to build India's AI infra

  3. Qualcomm to invest $150 million in Indian AI, tech startups

  4. Peak XV Partners invests in five new AI startups

  5. Vervesemi raises $10 million in Series A funding
  6. Read more news...

IPO Tales

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

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

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report
  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