Gurugram-based insurtech platform InsuranceDekho has raised $60 million in its Series B funding round, bringing its total fundraise for the year to over $200 million. Mitsubishi UFJ Financial Group, BNP Paribas Cardif, and Beams Fintech Fund joined as new investors, while existing investors also participated. The funds will be used to accelerate efforts, expand...
Read MoreChina will be hosting its third Belt and Road Forum next week, with President Xi Jinping and President Vladimir Putin expected to attend. The conference, which marks the 10th anniversary of the Belt and Road Initiative, will have representatives from developing countries attending. Putin’s attendance is notable as it will be his first trip...
Read MoreSupporters of Rajpal Singh Shekhawat, a loyalist of former CM Vasundhara Raje, protested at the BJP office after he was replaced by Jaipur Rural MP Rajyavardhan Singh Rathore in the first list of candidates. The protesters demanded a meeting with party president CP Joshi and burned tires outside the office. In another protest, workers...
Read MoreThe US navy aircraft carrier USS Gerald R. Ford Carrier strike group has arrived in the Eastern Mediterranean Sea amid the Israel conflict with Hamas. The group includes the USS Gerald R. Ford, the USS Normandy, and several guided missile destroyers. In addition, the US has moved F-15s, F-16s, and A-10s to augment existing...
Read MorePakistan made it two wins from two World Cup matches as batsmen Mohammad Rizwan and Abdullah Shafique hit centuries in a record run-chase to set up a six-wicket victory over Sri Lanka in Hyderabad on Tuesday.
Read MoreInsuranceDekho, a subsidiary of CarDekhoGroup, has raised $60 million in funding from new and existing investors. The funding includes equity and debt and values the insurtech firm at $650 million-$700 million. The recent fundraise is part of the company’s ongoing series B round, and it plans to use the funds for acquisitions and to...
Read MorePrivate equity firm Blackstone has reportedly held discussions with Walt Disney about acquiring a stake in Disney’s Indian arm. Blackstone is the latest potential buyer for Disney’s assets in the competitive Indian market, as Disney explores a sale or joint venture partner for its digital and TV business. Other potential buyers include Gautam Adani...
Read MoreUK Labour Party leader Keir Starmer delivered a speech at the party’s annual conference, presenting himself as a potential prime minister and outlining Labour’s vision for the future. He criticized the Conservative Party’s 13 years in power, claiming that Britain’s politics and public services are broken. Starmer promised to bring about national renewal and...
Read MoreIndia’s first semi-high speed urban train system, RapidX, is set to begin operations on its 17km ‘priority’ section between Sahibabad and Duhai in Ghaziabad. This section is part of the 82.1km corridor from Delhi to Meerut, with the full launch expected in 2025. While no official opening date has been announced, sources suggest it...
Read More