financial services
Pramerica Life Insurance announced the launch of Pramerica Rising Bharat Fund, an equity-oriented ULIP fund designed to enable retail policyholders to participate in India’s rapidly growing midcap segment. The fund is benchmarked to the Nifty Midcap 150 Index, which comprises 150 companies ranked immediately after the top 100 companies
financial services
Axis Bank, one of the largest private sector banks in India, today announced that it has become a preferred financier for Tesla, offering tailored financing solutions and a differentiated customer experience for Tesla customers. This collaboration underscores Axis Bank’s commitment to accelerating electric mobility in India by delivering innovative,
financial services
Kinetic Watts & Volts Ltd., the electric mobility arm of the Kinetic Group, has announced a comprehensive retail finance ecosystem for its electric scooter range through strategic partnerships with Hero FinCorp Ltd, Bajaj Finserv Ltd, and CleverPe. These collaborations are aimed at making ownership of the Kinetic DX+ and DX
financial services
Ecofy Finance Private Limited, India’s pioneering green-only NBFC, has partnered with Motovolt Mobility, an advanced and reliable electric two-wheeler solutions provider, to offer end-to-end financing solutions across both retail and institutional segments. As part of this strategic alliance, Ecofy will be the primary financing partner for Motovolt’s entire
financial services
As Tesla prepares to enter the Indian market, a critical aspect of vehicle ownership is being reimagined: insurance. ACKO, India’s leading insurer, has been selected as Tesla’s preferred insurance partner for the country. This strategic collaboration means that Tesla owners can expect a fully integrated journey—quote to
financial services
With the goal of transforming India’s wealth management space, Shriram Group, one of India’s most trusted financial services conglomerates, has launched Shriram Wealth Ltd, in partnership with Sanlam Group, a leading South African financial services provider, with expertise in insurance, asset management and wealth management across 31 countries.
financial services
PayPal Payments Private Limited (“PayPal”), the Indian subsidiary of PayPal Holdings Inc. (NASDAQ: PYPL), has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator – Cross Border – Exports (PA-CB-E). This marks a key milestone in PayPal’s operations in India and its continued support
financial services
ICICI Lombard, India’s leading private general insurance company has joined hands with Park+, India's leading auto-tech super app, to offer a seamless car insurance experience to Park+ users. This collaboration signifies the coming together of two industry giants to revolutionize motor insurance by offering convenience, reliability, and
financial services
Magma General Insurance Limited (Magma) (erstwhile Magma HDI General Insurance Company Limited), a leading name in India’s general insurance sector, has announced a strategic partnership with Toyota Tsusho Insurance Broker India Pvt. Ltd. (TTIBI), marking a significant step towards expanding its footprint in the passenger car insurance segment. Toyota
financial services
Magma General Insurance Limited (Magma), a prominent player in India’s general insurance sector, has entered into a strategic partnership with Hyundai India Insurance Broking Pvt. Ltd. (HIIB). Under the terms of the agreement, Hyundai India Insurance Broking will offer Magma’s motor insurance products for both private and commercial
financial services
BharatPe App, India’s rapidly growing UPI payment service, has announced the launch of ‘Shield’, a comprehensive fraud protection plan aimed at safeguarding digital UPI transactions. Designed to provide users with a secure and worry-free payment experience, BharatPe Shield offers robust coverage and seamless support against digital fraud. As part
financial services
State Bank of India, the country’s largest bank, has introduced a customized vehicle loan product specifically designed for Uber’s fleet partners. This loan enables low-cost, tailored financing solutions as well as hassle free loan disbursement to Uber fleet partners. The strategic partnership between the two entities will leverage