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
financial services
SMFG India Credit Co. Ltd., a prominent player in India’s Non-Banking Financial Company (NBFC) sector, proudly announces the opening of its 1000th branch in Vashi, Navi Mumbai. This landmark event underscores the company’s unwavering commitment to expanding its footprint across the country and bringing financial services to underpenetrated
financial services
Expands into 75 new Tier 3 & Tier 4 Cities Max Life Insurance Co. Ltd. announces the launch of the ‘Aarohan’ initiative to expand its distribution footprint by adding 75 new offices in Tier 3 and Tier 4 Indian cities. The initiative aims to enhance protection penetration in these underserved
social outreach
Company Unveils CSR Plantation Drive As mPokket celebrated its 8th Anniversary, the Company highlighted its journey of empowering growth, innovation and community engagement. The digital lender remains focused on its commitment to environmental sustainability through a meaningful Corporate Social Responsibility (CSR) programme. To mark this milestone, mPokket announced the launch
financial services
Maruti Suzuki India Limited (MSIL) announced the signing of Memorandum of Understanding (MoU) with Jammu & Kashmir Bank for Inventory Funding. This new alliance will empower over 4000 Maruti Suzuki sales outlets across the country with comprehensive inventory funding options for their working capital requirements. The MoU was signed in
financial services
Add-on cover as EV sales pegged to reach 1 crore by 2030 Digit Insurance, one of India’s leading digital full-stack insurance companies, announced it has launched a comprehensive EV Shield add-on cover under its Motor Own Damage policy for four-wheeler and two-wheeler electric and hybrid vehicles. The Indian EV