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Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi

Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi

by AIP Online Bureau | Sep 6, 2025 | Eco/Invest/Demography, Indian News

Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint is designed to simplify the purchase and man agement of insurance policies. The firm has sold 1.6 crore policies through its network of over five lakh advisers. New Delhi: Turtlemint Fintech...
Reliance Jio to launch IPO in first half of 2026, expand business overseas: Mukesh Ambani

Reliance Jio to launch IPO in first half of 2026, expand business overseas: Mukesh Ambani

by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani,Reliance Industries Chairman and Managing Director Recently the company had announced 50:50 joint venture with Allianz Group for setting up an Indian reinsurance company. It had also signed agreement with Allianz to explore life and general insurance in...
Florida focused insurtech Slide plans to $340 million US IPO

Florida focused insurtech Slide plans to $340 million US IPO

by AIP Online Bureau | Jun 18, 2025 | International News, Non-Life, Technology, Wealth Management/ Philanthropy

Slide and some of its existing stakeholders are looking to raise up to $340 million by offering 20 million shares priced between $15 and $17 each, the company revealed in a filing on Monday. Insurance tech company Slide is aiming for a valuation of up to $2.12 billion...
Canara HSBC Life Insurance files for an IPO, PNB to exit JV

Canara HSBC Life Insurance files for an IPO, PNB to exit JV

by AIP Online Bureau | Apr 29, 2025 | Indian News, Life, Regulation, Wealth Management/ Philanthropy

Canara HSBC Life Insurance Company is a joint venture promoted by state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group’s HSBC Insurance (Asia Pacific) Holdings, which holds 26 per cent. Punjab National Bank holds the rest of stakes and will...

Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch

by AIP Online Bureau | Jan 12, 2025 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets, with the overall mop-up reaching Rs 10.7 trillion. Mumbai: Overall fundraising from capital markets, including through...
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