National insurer Life Insurance Corporation has launched a non-linked endowment life assurance plan, offering protection and savings.
The new Navjeevan plan can be bought for kids as low as 90 days old to those senior citizens in the under-65 age- bracket, and offers an option to choose risk sum assured from age 45 years onwards, the corporation said in a statement.
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Finova Capital raise $15 m from Faering Capital,Sequoia Non-banking finance company Finova Capital has raised USD 15 million from Faering Capital and existing investor Sequoia India, in series B equity round by trading an undisclosed stake.
The small businesses-focused lender said that it will deploy the fund for both loan book and geographical expansion in Rajasthan, Delhi and MP, it said in a statement Monday.
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Anirban Chakraborty is new MD of Tourism Finance Corpn Tourism Finance Corporation of India has appointed Anirban Chakraborty as the managing director and chief executive.
Chakraborty, who was the deputy chief executive of Axis Capital earlier, will be an additional director on the board, an official statement said Monday.
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WellTech to offer up to $1.5 m seed funds to startups Healthcare focused innovation platform WellTech has said it will offer funding opportunities of up to USD 1.5 million for startups in the health technology space.
It launched an accelerator programme for such startups in partnership with startup incubator Venture Catalysts, an official statement said Monday.
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Stellar Value Chain appoints Sharon Thomas as CEO Logistics player Stellar Value Chain Solutions has appointed Sharon Thomas as chief executive of its contract logistics business.
Thomas, who headed Amazon's fulfillment operations in Britain as regional director earlier, took charge of the role last month, an official statement said Monday.
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Axis Bank opens 4000th branch
Third-largest private sector lender Axis Bank has opened its 4,000th branch in the Kharadi area of Pune.
The bank, which saw a leadership transition recently with Amitabh Chaudhry taking over the corner office, has opened 297 branches this fiscal, an official statement said Monday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
10:00 PM IST