Dhan parent Raise acquires GreenLife to enter insurance distribution biz
Raise Financial Services, the parent company of stock broking platform Dhan, has acquired GreenLife Insurance Broking Pvt Ltd (GIBL), an IRDAI-registered insurance broker Raise Financial Services, the parent company of stock broking platform Dhan, has acquired GreenLife Insurance Broking Pvt Ltd (GIBL), an IRDAI-registered insurance broker, in an all-cash-and-stock deal to enter the insurance distribution space, for an undisclosed amount.…
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