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December dip in online sales; insurtech firms chart fresh growth paths

After an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in todays ETtech Morning Dispatch.

insurtech startups expenses: Insurtech startups check expenses to secure profits

Insurtech startups such as Acko and Digit have switched gears to health insurance which is a more long-term product despite starting with motor insurance, which is mandatory for vehicle owners in India, as their principal product.

Acko appoints Mallesh Bommanahal as chief data scientist

An expert in AI, Bommanahal brings with him a wealth of experience, especially in the insurance and healthcare industries. He is also the founder of i3systems.ai, known for its AI solutions in insurance underwriting and claims processing. His entrepreneurial venture has played a pivotal role in advancing AI applications across the insurance sector.

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