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Nathalie Robin, real estate director at BNP Paribas Cardif, announced plans to enhance the company's presence in the Paris office market during the launch of a new office project. She outlined the allocation strategy for 2025, emphasizing the importance of accessing leading commercial real estate news and data analytics for success.
Revaia, a Paris-based venture capital firm, has raised €250 million (US$272.81 million) for its second growth fund, Revaia Growth II, increasing its total assets under management to €600 million (US$654.75 million). The fund attracted significant investments from entities like Bpifrance SACA and JPMorgan Chase & Co., with about one-third of commitments coming from international investors. Revaia has already allocated around 40% of the fund across six investments in sectors such as energy transition, AI for insurance, and cybersecurity.
InsuranceDekho has secured $70 million in a funding round led by Mitsubishi UFJ Financial Group, BNP Paribas Cardif, and Beams Fintech Fund. Founded in 2017, the Gurugram-based insurtech has reached 99% of India's pin codes, serving over 1.02 crore customers and issuing 21 new policies every minute. CEO Ankit Agrawal emphasized that this investment will enhance their tech offerings and expand their market presence, positioning them as a leading insurance platform in India.
InsuranceDekho has secured $70 million in a funding round led by Beams Fintech Fund, MUFG, and BNP Paribas Cardif, aimed at expanding its distribution network and enhancing AI-driven insurance solutions. Founded in 2017, the company has served over 10.2 million customers across 99% of India's pin codes.The CarDekho Group, InsuranceDekho's parent company, reported a 54% revenue increase to Rs 2,074 crore in FY24, driven by its insurtech and fintech platforms. Notably, CarDekho achieved standalone profitability for the first time, posting a profit of Rs 37 crore, a significant turnaround from a loss of Rs 143 crore in FY23.
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BNP Paribas Cardif outlines strategy to enhance Paris office market presence
14:07 15.05.2025
Revaia secures 272.8 million for second growth fund boosting assets to 654.8 million
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InsuranceDekho secures 70 million dollars in funding to enhance digital offerings
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