After signalling its IPO ambitions in March last year, InsuranceDekho has reportedly begun discussions with investment banks about a potential listing.
Zurich has secured an extension to make a formal takeover offer for the British speciality insurer after the parties confirmed an agreement in principle earlier in the month.
The scheme shifts Religare’s lending, broking, and investment operations into Religare Finvest, with a separate listing targeted for Q1 FY28, subject to approvals.