Business Bureau

InsuranceDekho, India's top insurtech firm, has raised $60 million in its Series B funding round, marking a significant milestone. The capital infusion, a mix of equity and debt, has attracted new investors and reaffirmed existing investor confidence. This marks the second fundraise in 2023, bringing the total to $200M+, solidifying InsuranceDekho's position as the leading Indian insurtech. Japanese giant Mitsubishi UFJ Financial Group, Inc. (“MUFG”), BNP Paribas Cardif, Eurazeo's Insurtech fund, India-focused Beams Fintech Fund, and Yogesh Mahansaria Family Office have joined as new investors in the insurance industry. InsuranceDekho secured $150 million in the largest Series A funding raised…

Reliance Jewels has unveiled the SwarnBanga Jewellery collection, a poetic tribute to Bengal's artistic heritage. The collection features terracotta temples, Shanti Niketan, and DurgaPujo, reflecting the region's intricacies and cultural heritage. Launched by Bollywood star Karisma Kapoor, the collection is the 8th in a series of thematic jewellery collections inspired by different regions of India. Reliance Jewels have transformed jewellery into works of art that reflect India's dynamic history, and the SwarnBanga collection continues this legacy by capturing the essence of Bengal's culture and artistic heritage. The collection is not just jewellery, but an expression of India's history. Speaking at…

Bajaj Allianz General Insurance, a prominent Indian private general insurer, has inaugurated its new office in Bongaigaon, Assam. This strategic expansion aims to boost insurance penetration across tier 2 and tier 3 cities in India which is significant in increasing insurance penetration in the country and providing financial stability to our citizens. Bajaj Allianz is aiming to bring its innovative products and solutions closer to the people of Bongaigaon by providing a wide range of services backed by technology. The new office will serve as a strategic hub for Bajaj Allianz General Insurance, extending its presence and reaching customers in…

Amazon India has created over 100,000 seasonal job opportunities for the Indian festive season, including direct and indirect positions in Mumbai, Delhi, Pune, Bangalore, Hyderabad, Kolkata, Lucknow, and Chennai. Ahead of Amazon's 'Great Indian Festival' starting on October 8, 2023, early access to Prime customers will begin on October 7. The majority of these new hires will work in Amazon's existing network, handling pick, pack, ship, and deliver customer orders safely and efficiently. Some of these new hires will be part of the virtual customer service model. Amazon India has established a robust fulfilment and delivery network, with 15 fulfillment…

Skill India is planning a grand 'Kaushal Convocation' to recognize and honor candidates who have completed training under various Skill India schemes and programs. The event will involve students from prestigious institutes like Pradhan Mantri Kaushal Kendra (PMKK), Industrial Training Institutes (ITIs), DGT, PMKVY, SANKALP, apprentices, IIE, NIPUN, Skill India International Centre, NIESBUD, and Jan Shikshan Sansthan (JSS). Hon’ble Prime Minister Shri Narendra Modi will be addressing the students live at the ceremony. Hon’ble Minister for Education, Skill Development & Entrepreneurship, Shri Dharmendra Pradhan and Hon’ble Minister of State for Skill Development & Entrepreneurship, Electronics & Information Technology, Shri Rajeev…

JLR India reported its best ever H1 performance with record sales of 2,356 units and a YoY growth of 105%during the April – September 2023 period. The strong half yearly growth was driven by record sales in both quarters, with Q2 witnessing a 108% YoY growth and retails of1,308 units. JLR India had previously reported a 102% sales growth in Q1, compared to the same period last year. The order book in FY24 has seen consistent growth, with H1 closing order book increasing by 90% compared to the previous year. The Range Rover, Range Rover Sport, and Defender models contribute…

Nestlé India has launched Project Hilldaari in Darjeeling, West Bengal, to improve solid waste management. The initiative, supported by Nestlé India and implemented by PLAN Foundation and technical partner Recity India, aims to develop inclusive, contextualized, and resilient models for solid and plastic waste management in select tourist cities in India. The project is currently operational in Mussoorie, Mahabaleshwar, Ponda, Dalhousie, and Munnar. A roundtable discussion was organized with stakeholders to discuss plastic waste management issues. Project Hilldaari has diverted over 27,000 MT of waste from landfills through source segregation, achieving 80% of source segregation across over 20,000 residential and…

Thums Up, a Coca-Cola brand, in association with the ICC Men's Cricket World Cup, has launched "Tere andar ka har shaq mitaenge, Toofan hain, Cup to hum hi uthaenge." campaign and urging fans to support the team and the event. The campaign features Bollywood star Shah Rukh Khan as the biggest fan and "Voice of Belief." Shah Rukh Khan will star in a film portraying the heart and mind of cricket fans, with the heart winning over the mind in their support for Team India. Thums Up, a platform that recognizes cricket as an integral part of India's culture, has…

Croma, a Tata Enterprise, is offering lucrative deals and offers during the 'Festival of Dreams' campaign for DurgaPujo, valid until October 25th, in stores and on Croma.com for consumers in West Bengal, Jharkhand, and Orissa. Get the ultimate electronics shopping experience with Croma Experts, recognizing the significance of embracing and upgrading your lifestyle during this joyous occasion. Croma offers a 5 Star Fully Automatic Top Load Washing Machine on EMI at just Rs 1499, offering a 10% instant discount on select bank cards, exchange benefits up to Rs 20,000, and 24 months of interest-free EMI. Croma  is also offering a…

The CEAT Indian Supercross Racing League (ISRL) and the Federation of Motor Sports Clubs of India (FMSCI) are showcasing an impressive lineup of 85 global Supercross stars and international talents for its inaugural season, aiming to provide an unforgettable motorsport experience. CEAT ISRL is fostering a global sport in India, with 85 riders from various countries including the USA, Spain, France, Thailand, Indonesia, Germany, Sweden, South Africa, Australia, and India, demonstrating its commitment to global sports. South Africa's Anthony Raynard, 2022 Prince of Paris Gregory Aranda, and Thomas Ramette will compete in the 450cc International rider auction. Spain regional champion…