Fewer startups raised funding in 2023 than in the previous two years of euphoria-driven dealmaking as angel investors, venture capital firms and deep-pocketed investors such ..
Retail Sector: "While the funding slowdown in 2023 presents challenges for the Indian tech startup ecosystem, we remain optimistic about the future. With favourable government policies and a fast-growing economy, we believe India is well-positioned for success in the years to come.” said Neha Singh, co-founder, Tracxn.
MUFG has acquired a minority stake in Girnar Insurance Brokers Private Limited, which is operating the InsuranceDekho platform, and Girnar Finserv Private Limited, through a primary infusion.
“If somebody s annualized income is Rs 10 lakh. Now from a term insurance perspective, you can typically buy up to 20 times your annual income or that is what the suggested coverage is. If your annual income is Rs 10 lakh and the agent is suggesting that you buy a term insurance only of Rs 25 lakh, then that is a red flag because if anything were to happen to that individual, would Rs 25 lakh of corpus be sufficient for the family to survive post an event?”