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What’s behind the insurtech boom?
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Insurtech firm
Acko is in talks to raise $200 million, we report exclusively, in a round that will propel the company into the unicorn club. We explore why the sector is booming in India and around the world.
Also in this letter:
Bus aggregator
Quadria to invest $400-500 million in India
Why insurtech is booming worldwide and especially in India
‘Insurtech’ is short for technology-led insurance startups. It’s a subset of the larger
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The Lakshadweep debate beyond Praful Khoda Patel Prabhash K Dutta
Known for its scenic beauty and tranquillity,
Praful Khoda Patel is being blamed for the Covid-19 surge in Lakshadweep and is accused of creating social tension in the smallest Union Territory of India. Literally, Laskhadweep translates into an archipelago of 1 lakh islands, but it is actually a group of 36 islands of which 12 are atolls, three reefs, five submerged banks, and only 10 are inhabited islands.
There are multiple focal points in the protests visible on the Internet, including social media platforms. Among those
raising their voice against Praful Khoda Patel are local residents, politicians including Lakshadweep MP Mohammed Faizal, Kerala Chief Minister Pinarayi Vijayan and Congress leader Priyanka Gandhi Vadra, footballer CK Vineeth, and actor Prithviraj Sukumar.
Social media is abuzz with posts hashtagged #SaveLakshadweep demanding the removal of Praful Khoda Patel, the administrator of the Union Territory. Here is why