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PB Fintech’s net profit jumped 4x to ₹85 crore, while revenue rose 36% to ₹1,348 crore, driven by strong growth in its insurance and lending platforms.
PB Fintech has seen its UAE insurance premium grow by 68 percent YoY with the business aligning more towards health and life insurance, similar to the company’s India business
Cybersecurity startup Safe raises $70 million Series C round led by Avataar Ventures
The IIT Bombay-incubated and Palo Alto-headquartered startup claims to be building an autonomous AI layer for cyber-risk management and to be the first to offer fully autonomous CTEM and TPRM solutions