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Ryan Specialty partners with Deutsche Bank and Axis for new sidecar initiative
Ryan Specialty Underwriting Managers is collaborating with Deutsche Bank to attract investors for a new sidecar initiative. This venture, in partnership with Axis Capital’s Lloyd’s platform, aims to underwrite a quota share of the business generated by its MGU arm on a global scale.
PhysicsWallah targets UPSC exam market with strategic acquisitions and IPO plans
PhysicsWallah is expanding into the UPSC exam preparation market, considering acquisitions of several coaching institutes, including Drishti IAS, amid plans for an IPO. Following a $210 million funding round, the company aims to enhance its offerings in India's growing test prep sector, despite reporting a widened net loss of INR 1,131.2 crore in FY24.
agritech pavilion showcases innovation and awards at startup mahakumbh event
The Agritech Pavilion at Startup Mahakumbh, powered by Aavishkaar Group, showcased over 100 innovators and recognized outstanding startups, with awards totaling ₹20 lakhs. Notable winners included Pravidhaan FPC Pvt Ltd and Himfla Pvt Ltd, while BioFizz received an Honourable Mention. The event, co-chaired by CM Patil, attracted policymakers and investors, emphasizing the future of agritech in India.
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