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Jungle Ventures makes its insurtech investment in Turtlemint

We ll soon meet in your inbox. Please wait. In November, the Mumbai-based insurtech startup had raised $30 million from GGV Capital, American Family Ventures, MassMutual Ventures and SIG, as part of the Series D round. Existing investors Blume Ventures, Sequoia Capital India, Nexus Venture Partners, Dream Incubator and Trifecta Capital had also participated in the round. Turtlemint has raised $69 million till date. The company said it would utilise the latest funding to grow its distributor network in the next 18 months, ramp up its reach within existing geographies, add new locations, build product capabilities, and for marketing. Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint developed a network of over 100,000 insurance advisers that cater to more than 1.5 million customers in over 5,000 metro cities and towns. The company is witnessing the annual premium run rate of Rs 1,800 crore in FY21, which is the current financial year.

India s contribution to value-added pepper products hailed

Centre, Spices Board to popularise health benefits of spices abroad Hoang Thi Lien, Executive Director, International Pepper Community, Indonesia, has said that India is the only country which is part of the International Pepper Community that has been contributing well to the export of value-added pepper products. Delivering the keynote address at the international symposium on spices organised by the Indian Society for Spices, she said though the country produced 60,000 metric tonnes of pepper, it also imported over 24,000 metric tonnes, as value-added products are given thrust. D. Sathiyan, Secretary, Spices Board, also stressed the scope of value-addition for improving spices export. According to him, value-added spice products contribute 51% of the total spice export from the country.

Chota Packet, Bada Dhamaka: Know how low unit packs are driving FMCG growth in India

Updated Feb 09, 2021 | 17:31 IST Low unit packs (LUPs) are small packets of goods that cost anything between Re 1 to Rs 20. And, FMCG companies are banking on them to drive growth. Low unit packs are packing a punch in India s FMCG story  Key Highlights Rural segment is constantly outpacing the growth of urban demand In these small markets, low unit packs or LUPs are a big hit! A 500 ml bottle of shampoo with a fancy pump has no place in the hinterland. Nor does a chocolate bar strewn with roasted almonds, which costs around Rs 100. The Bharat within India is constantly in search of ‘value for money’ products, and this is where low-unit packs (LUPs) pack a punch.

Microcontroller Market is Projected to Reach USD 20 Billion by 2027

Microcontroller Market is Projected to Reach USD 20 Billion by 2027 According to a recent study from market research firm Global Market Insights, The global microcontroller market has gained considerable traction over the years due to the widespread use of these components in smart building automation systems. Automation systems like HVAC control, fire protection, and lighting systems, and security and surveillance technologies, are all integrated with microcontroller units.  Certain benefits of using microcontrollers include energy efficiency, stable output readings, and high precision input and output peripherals, all of which is integral for 24×7 monitoring and control applications. The growing adoption of advanced IoT technology in smart buildings has driven the demand for the product. 

Wholesale Voice Carrier Market Business Prospectus with 11 2% of CAGR by 2027 - IDT Corporation, Tata Communication, TELEFONICA S A , Lumen Technologies, VERIZON COMMUNICATIONS

Wholesale Voice Carrier Market Business Prospectus with 11 2% of CAGR by 2027 - IDT Corporation, Tata Communication, TELEFONICA S A , Lumen Technologies, VERIZON COMMUNICATIONS
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