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Insurtech: Tougher funding environment, but represents a massive $7 trillion opportunity

Insurtech: Tougher funding environment, but represents a massive $7 trillion opportunity

by AIP Online Bureau | Jun 30, 2023 | Articles, Eco/Invest/Demography, Life, Non-Life

Insurance is still a strongly underfunded market, especially in areas such as life insurance. Operational efficiency is now a must for insurtechs and insurers. Insurtech startups are enabling operational efficiency through the whole value chain Insurtech has also...

ESG-led funding touches USD 7.9 bn in 2022: Report

by AIP Online Bureau | Apr 19, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

ESG investment is largely concentrated in clean energy (solar and wind power) and electric mobility — which contributed to around 90 per cent of the USD 19.2 billion invested in ESG across 2018-22. Clean energy, especially solar, saw strong deal activity in 2022...

InsuranceDekho raises $150 million to grow SME business

by AIP Online Bureau | Feb 14, 2023 | Indian News, Intermediaries, Technology

The deal,the largest-ever Series A round for an Indian insurance technology company, was led by Goldman Sachs Asset Management and participated by TVS Capital Funds Investcorp, Avataar Ventures and LeapFrog Investments Based in Gurgaon outside New Delhi, the company...
InsuranceDekho receives Rs 300 crore of funding from  Goldman Sachs Grp, valued at Rs 1100 crore

InsuranceDekho receives Rs 300 crore of funding from Goldman Sachs Grp, valued at Rs 1100 crore

by AIP Online Bureau | Jan 8, 2023 | Indian News, Intermediaries, Life, Non-Life, Technology

The sole source of income for Insurance Dekho is insurance brokerage and commission, which increased by 61% to Rs 47.91 crore in FY22 from Rs 29.71 crore in FY22. In the most recent fiscal year, the company’s losses increased by 55.6% to Rs 72.29 crore. At the group...

HealthySure secures additional funding from LetsVenture and other Founders

by AIP Online Bureau | May 18, 2022 | Health, Indian News, Technology, Workplace/Employee Benefits

The financing saw participation of new investors LetsVenture and founders Aditi Shrivastava – Founder – Pockets Aces, Sreeraman Mohan Girija – Cofounder of Fynd, Pankaj Vermani – Founder of Clovia, Sachin Shetty – Cofounder of Giva Sanil Basutkar, Co-founder...
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