coverfox

coverfox.com, an online insurance seller, has raised $12 million (Rs 75 crore) from venture capital funds Accel US, Accel India and SAIF Partners in its second round of funding.

coverfox will provide assistance in insurance policy purchases and facilitate car insurance solutions for Uber’s driver partners.

Online insurance distributor coverfox, which is now controlled by private equity investors led by Avaana Capital after the exit of its founders, has recouped revenues and slashed its burn rate by 90%.

Online insurance distributor coverfox, which is now controlled by private equity investors led by Avaana Capital after the exit of its founders, has recouped revenues and slashed its burn rate by 90%.

New Delhi, Aug 30 () IT firm Virtusa Corporation today said it has appointed Samir Dhir as its president. Dhir will take charge of running all industry verticals for the organisation, Virtusa said in a statement.

coverfox.

coverfox, an online insurance seller, has received an investment from the family office of Infosys' co-founder N R Narayana Murthy, as it fights out its bigger rival PolicyBazaar, which incidentally is backed by another IT czar Azim Premji.

Acko is one of the four applications filed with the Insurance Regulatory and Development Authority to set up general insurance company

Mumbai, Aug 30 () Kolkata-based hosiery maker Lux Industries today said it has roped in Bollywood megastar Amitabh Bachchan as the brand ambassador for its brands Venus and Cott'swool.

As per rules set up by the insurance regulator, no insurer carrying on the business of life insurance, general insurance or re-insurance can be registered unless the entity has a paid-up equity capital of Rs 100 crore.

As Chennai rises from the aftermath of the floods, more companies are pitching in to help Chennaiites.

Turtlemint, an online insurance seller, has raised its first round of institutional funding led by Nexus Venture Partners with participation from Blume Ventures.

Married Women Property (MWP) Act 1874 protects a woman’s property from relatives, creditors, and other miscreants.

Varun Dua, CEO and Co-founder, coverfox.com talks about managing work and fitness.

In 2017, Acko was spun off as a separate venture from coverfox, following which Dua made an exit from the company to run Acko. Accel Partners, Saif Partners and Infosys co-founder Narayan Murthy’s Catamaran Ventures are among Acko's existing investors.

Munich Reinsurance’s investment arm Munich Re Ventures has led a $60-million funding in digital-only insurance startup Acko. The online insurance startup is now valued at upwards of $400 million after the fund-raise. Its existing investors Amazon, RPS Ventures and Intact Ventures also participated in the latest round and the investment has been approved by insurance regulator Irdai.