Wednesday, October 27, 2021

Indian online insurer Acko raises $255 million for expansion drive

Indian online insurer Acko raises $255 million for expansion drive Growth equity investor General Atlantic and IndiaĆ¢€™s Multiples Private Equity led the fundraising, Acko said, adding that Canada Pension Plan Investment Board, venture firm Lightspeed, and some existing investors had also participated in the round.

from Moneycontrol Business News https://ift.tt/3GxOc1E

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Rupee ends weak at 90.19 against the dollar, bond yields rise

The Indian rupee weakened slightly on Tuesday, closing at 90.19 against the dollar. This dip followed news that Indian bonds will not be inc...