Jio Financial Services and Allianz have incorporated a joint venture company named “Allianz
Jio Reinsurance Limited” (“AJRL”) to form a domestic reinsurance joint
venture company.
According to the exchange filing, Jio Financial Services will invest ₹2.50 lakhs for the initial subscription of 25,000 equity shares with a face value of ₹10 each, representing a 50 per cent stake.
Turtlemint Fintech Solutions Ltd has filed confidential DRHP with SEBI for IPO.
“The filing of the pre-filed DRHP shall not necessarily mean that the company will undertake the initial public offering,” the company made the announcement in a business newspaper on Saturday.
The platform is a technology-driven for the distribution of health, life, and motor insurance products. Additionally, other financial products, including mutual funds and loans.
Viyona Fintech developer of GraamPay and the Viyona Pay app gets NPCI nod to launch UPI services.
