INSURTECH STARTUPS EXPENSES

Insurtech startup Kenko Health is facing closure due to a shareholder battle and funding issues. The company, backed by Peak XV Partners and Orios Venture Partners, struggled to raise capital from the Hero Group, leading to a stalemate. With no imme...

Happy Tuesday! With user growth stagnating, Zomato and Swiggy are prodding existing customers to order more. This and more in today’s ETtech Morning Dispatch.

Happy Tuesday! Ola Cabs founder Bhavish Aggarwal’s brother Ankush is back at the ride-hailing business. More on this in today’s ETtech Morning Dispatch.

Indian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is still challenging for Indian companies to win these contracts, there is a more positive attitude towards India...

Insurtech firms such as Bengaluru-based Onsurity and Pune-based Loop Health help employers offer group health policies to their employees and run a platform to offer employee wellness services, too. They want to capitalise on the Insurance Regulator...

A crop of tech-first stockbrokers is not only leading from the front in adding new customers, they’re also generating strong revenues and profits. These stock-broking platforms, which have diversified beyond stock trading to position themselves as f...

After an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in today’s ETtech Morning Dispatch.

Insurtech startups such as Acko and Digit have switched gears to health insurance which is a more long-term product despite starting with motor insurance, which is mandatory for vehicle owners in India, as their principal product.

Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in today’s ETtech Morning Dispatch.

The digital lending sector in India is experiencing an inflection point after years of challenges. Industry-level NPAs are decreasing, credit demand is increasing, and investors are showing interest in the sector again. Fintechs have dominated the u...

Amidst a funding winter, when startups are having to go the extra mile to justify every dollar of their valuation, InsuranceDekho stood out.

Under new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.

Startups are once again at odds with the Internet and Mobile Association of India (IAMAI) over the latter’s stance on the digital competition bill. The latest in this feud and more in today’s ETtech Morning Dispatch.

Pet insurance, telehealth services, pet adoption leaves, and wellness leaves are some of the initiatives companies have rolled out for employees

Existing investors Beenext, Orios, 9Unicorns and Waveform also participated in the funding round. The company previously raised $1.7 million as part of its pre-Series A round, from Beenext and Orios.

SoftBank Vision Fund, an investor in newly listed Policybazaar and Paytm, is expecting a bunch of portfolio firms to tap the buoyant IPO window amid skyrocketing valuations for tech startups.

Founded in 2020 by Agarwal and Kulin Shah, Onsurity provides a self-serve platform where organisations can purchase flexible and customised healthcare plans for their employees.

HDFC Ergo recently delisted its products from online insurance aggregators, including Policybazaar. The development isn't an isolated event but indicative of a wider pushback.

Paytm parent One97 Communications has filed a draft red-herring prospectus (DRHP) with Sebi to raise Rs 16,600 crore ($2.2 billion) in what will be the biggest Indian initial public offering (IPO) in at least a decade.