The introduction of an affordable e-scooter is part of Simple Energy's plans to have a portfolio of three scooters, one performance bike, and possibly a four-wheeler in the next three years.
Entrepreneurs Anisha Dossa and Anusha Ramakrishnan founded Jify with the belief that access to earned income is a fundamental human right. In less than a year, the Mumbai startup claims that about 50,000 employees in India are not waiting for payday in times of emergency.
Insurance penetration in India is poised to grow rapidly driven by the growing middle class and increasing digital penetration which will result in the insurance market reaching a size close to $222 billion by the fiscal year (FY) 2026, a report said on Friday. Insurance Market in India to Reach $222 Billion by FY26, Says Report.