Despite a decline in the measurements of its capital, the insurer posted a 33.5% rise in net profit in 1H25, driven by higher investment income and growth in new business value.
India's largest insurtech platform plans to raise funds through a Qualified Institutions Placement to pursue acquisitions and partnerships, on back of strong quarterly performance.
The partnership's initial scope will cover IRBCF and IFRS 17 (Ind-AS), using a single consolidated platform to improve speed, scalability and controls.
