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Insurtech funding in India is poised to surpass $1 billion in the next year, following a period of moderated investment. A recent report highlights a decline in insurance penetration below 4%, driven by reduced life insurance uptake, signaling a significant protection gap. Regulatory initiatives like NHCX and Bima Sugam are expected to foster digital innovation in the sector.
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The carmaker says the cuts are part of "normal business practice", but one expert blames US tariffs.
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Kaivalya Vohra and Aadit Palicha of Zepto top the first Avendus Wealth Hurun India 2025 Under-30 list, featuring 79 young entrepreneurs. The list spans multiple sectors, highlights Mumbais dominance, and notes over $5 billion in funding raised. Only six women made the list, underscoring gender disparity.
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