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
financial services
Pepper Advantage, a leading global credit intelligence, credit management and credit investment company, has opened its state-of-the-art Tech Hub in Pune, India. This marks a significant stride in the company's commitment to fostering innovation and using AI to drive its technology development efforts. With India's fintech
financial services
Aiming to Empower Indian SMEs with Cutting-edge Digital Financing Solutions MODIFI, a global FinTech platform, today announced an ambitious expansion strategy to enhance its presence in the Indian market. This move is aligned with the company's commitment to bolstering India's SME trade sector. MODIFI is projecting
financial services
As the festive season kicked off, CarLelo (A Capri Loan Venture), the online new car-buying platform, experienced a surge in sales of 150 new cars during the auspicious occasion of Dhanteras. In line with this, CarLelo also witnessed a 60 % increase in digital inquiries during the festive season. This indicates
financial services
Founded over 100 years ago, IMA is a worldwide association of accounting and finance professionals in business. It is the largest and most respected association focused on advancing the management accounting profession, with more than 140,000 members in 150 countries. Mike DePrisco, the President and CEO of IMA, recently