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PhonePe Poured Bulk of Past Yr's Investments into Insurance Biz

Walmart-owned PhonePe has invested over ₹800 crore in its subsidiaries in the last year to grow businesses ranging from insurance broking to wealth management and hyperlocal ecommerce, regulatory filings show.

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PhonePe: PhonePe poured bulk of past year's investments into insurance business

The infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company s bullish bet on the segment. PhonePe has infused more than Rs 1,000 crore as equity investment in its insurance unit since it was licensed, according to information sourced from the Registrar of Companies.

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Fintech PhonePe And Star Health Insurance To Provide Insurance With Monthly Payment Options

Fintech PhonePe And Star Health Insurance To Provide Insurance With Monthly Payment Options
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PhonePe partners with Star Health Insurance to offer insurance with monthly payment options

PhonePe partners with Star Health Insurance to offer insurance with monthly payment options
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PhonePe Partners with Star Health Insurance to Offer Insurance with Monthly Payment Options

PhonePe Partners with Star Health Insurance to Offer Insurance with Monthly Payment Options
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