Artificial Intelligence Startup Helps Insurers Spot Cognitive Decline in Older Drivers October 17, 2023 By Saritha Rai Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22...
Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business February 14, 2023 By Saritha Rai Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually...
SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part. November 16, 2021 By Saritha Rai Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO....
Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
India’s Data-Sharing System Promises to Open Finance to Millions September 3, 2021 By Saritha Rai India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over...
Amazon Enters India Wealth Management with Investment in Smallcase Technologies August 18, 2021 By Saritha Rai Amazon.com Inc. has made its maiden investment in India’s wealth management sector, participating in a $40 million round by fintech...
Indian Fintech Startup Aims to Win Insurance Clients with Fresh $200M Funding Round July 2, 2021 By Saritha Rai Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort...
SoftBank-Backed Indian Fintech Startup Seeks IPO Valuation of More Than $3.5B July 20, 2020 By Saritha Rai Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the...
India in Lockdown Rushes to Maintain Back Office Functions for Global Businesses March 25, 2020 By Saritha Rai and Anto Antony Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and...
India Weighs Comprehensive Data Privacy Bill, Similar to EU’s GDPR July 31, 2018 By Saritha Rai A draft of a sweeping data privacy bill has been submitted to India’s government that, if enacted, will restrict the...