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Insuring Your Green Drive: All You Need To Know About EV Insurance

Insuring Your Green Drive: All You Need To Know About EV Insurance
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ideaforge ipo: Taking Stock: IPO mart sees disappointing H1 as listing gains elude investors What s in store ahead?

The primary market in India has experienced a weak first half with only eight companies launching IPOs, leading to earnings of Rs 5,800 crore. This is an 85% YoY drop compared to the same period in 2018. Inflation uncertainty and high interest rates made investors wary in the opening months, but sentiment picked up towards the close of H1. Mankind Pharma raised Rs 4,300 crore in its IPO, which was the largest issue launched by a drug maker since Gland Pharma in 2017. Analysts predict the remainder of the year will fare better than H1.

Virat Kohli-Anushka Sharma net worth, business investments, houses, cars, brands, fees; details inside

Fairfax-backed Go Digit gets green light for life insurance

India s insurance regulator has granted approval for Go Digit Life Insurance, which will be backed by Canadian billionaire Prem Watsa s Fairfax Financial Holdings. The new firm will become the country s 25th life insurer and is expected to start with an initial capital of INR7bn-INR10bn ($95m-$136m). Fairfax is likely to hold a 30%-40% stake in the joint venture initially, with Go Digit Infoworks owning 80% of Go Digit Life. The life insurer may also place minority stakes with certain banks to strengthen its bancassurance network.

TPG-Backed PolicyBoss Bags Series B Funding From India SME Investments

Mumbai-based insurtech platform PolicyBoss has raised an undisclosed amount in its Series B funding round

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