Paytm is closer to offer insurance products on its platform as its parent One97 Communication Ltd has set up two insurance units- Paytm Life Insurance Ltd, and Paytm General Insurance Corporation Ltd reports Livemint. The publication found out the development in company’s ministry of corporate affairs’ filings. The publication reports that company's founder Vijay Shekhar Sharma, and senior executives Shankar Nath and Madhur Deora will be director of these units. Competition: In online insurance space, there are a host of platforms which are offering insurance solutions. With this service, Paytm will compete with likes of EasyPolicy, Bankbazaar and PolicyBazaar. In terms of payment wallets, MobiKwik also plans to venture into newer domains of personal and consumer finance with a focus on lending and insurance. While these companies are aggregators, Narayan Murthy’s Catamaran Ventures-backed digital insurance company Acko General Insurance is the first insurance company with an online-only policy, which also received the final license from…
- Tesla CEO Elon Musk will buy Twitter for $44 billion after all October 6, 2022
- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
- Another ED Raid on China-Linked Keepsharer App for Part-Time Job ‘Scam’ October 6, 2022
- Mozilla Report Accuses Google, Apple, Microsoft of Anti-Competitive Practices, Flags Shrinking Web Browser Choices October 5, 2022
- Event Announcement: Draft Telecom Bill, 2022, Delhi, 18th Oct October 5, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...