Tapan Singhel on Transforming Insurance in the Era of Digital Revolution
Digitisation has touched all industries, and the insurance sector is not far behind. There have been many changes post-Covid, but it is time to understand the next step in this journey. Digitisation has touched all industries, and the insurance sector is not far behind. There have been many changes post-Covid, but it is time to understand the next step in this journey. Tapan Singhel, MD and CEO of Bajaj Allianz General Insurance, speaks about how digitisation can enable the interchange of data to develop capabilities that can benefit customers and save millions of lives. Edited excerpts:
Nidhi Sinha - February 29, 2024
Digitisation Pushing Growth in Lending Segment: Naveen Kukreja
Over the past five to seven years, the digital-payments sector has grown stupendously, transcending economic and geographical barriers. Naveen Kukreja, co-founder and chief executive officer of Paisabazaar, a digital-lending platform, talks about five drivers of growth in the lending segment in the country
March 01, 2024
Shri Ashwini Vaishnaw Launches PhonePe’s Indus Appstore, India Ka Appstore
Indus Appstore is a native Android-based mobile app store, designed to fulfill the localized and cultural needs of Indian consumers
February 23, 2024
Fintech Ambitions
The fintech market in India is among the fastest growing ones in the world. The second most funded start-up sector in the country in 2022, fintech’s market size is estimated to reach approximately $150 billion by 2025, up from $50 billion in 2021, according to investment promotion agency Invest India. Its major sub-sectors are digital lending, payments, insurtech and wealthtech.
October 31, 2023
The Direct Channel
The D2C market is expected to grow at approximately 40% between FY22 and FY27, according to a report by the Confederation of Indian Industry. Powered by technological advancements and strengthening of the digital ecosystem and local demand, numerous manufacturers have started selling directly to the customers. Within the D2C sector, direct online channels are witnessing growth
October 31, 2023
Start-Ups Rank High in States’ Scheme of Things
The start-up sector has contributed significantly to the growth of Karnataka, Maharashtra, Telangana and other states that recognised the potential of innovative offerings early on. The rise of digital payment platforms, inflow of foreign direct investment, tax benefits and incentives, business-friendly policies, etc. have been major drivers of growth of this sector
October 31, 2023
Healthtech Vitals
Covid-19 revolutionised the health sector in the country, as entrepreneurs rushed to fill the gaps within the healthcare ecosystem with technological interventions. Investors matched their enthusiasm and together they pushed the sector to new heights. Digital transformation of the sector helped the start-ups cover a larger market base
October 31, 2023
Paytm’s Robust Growth Momentum Continues, EBITDA Before ESOP Improves To ₹153 Cr
Paytm, Digital Payments, Financial Services, Financial Technology
October 20, 2023
IDFC First is Digitally Savvy, Knows Customers Well to Build Services Around Their Needs: Madhivanan Balakrishnan
The executive director and chief operating officer of IDFC First Bank talks about its commitment to its customers and how it has employed its digital savviness to improve its services
Suchetana Ray - October 01, 2023
The Humble Entrepreneur
There is more to Atul Shinghal, founder and CEO of digital wealth manager Scripbox, than work. The diehard crossword fan is a yachting champion and loves to tee off whenever he can. His sports-life analogies make for inspiring nuggets of wisdom
Chitra Nair - June 30, 2023