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Dhan parent Raise Financial buys GreenLife Insurance to push into consumer broking
Technology
Published on 13 May 2026
The $15 million deal is cash plus stock
Raise Financial, the parent of stock trading platform Dhan, has acquired GreenLife Insurance for about $15 million in a cash-and-stock deal. The move is designed to build a direct-to-consumer insurance distribution and broking business, using GreenLife’s decade of experience to expand beyond trading into financial services.
- Raise Financial is expanding from stock trading into insurance broking
- Acquisition of GreenLife Insurance valued around $15 million
- Deal structure includes both cash and stock
- Strategy targets direct consumer distribution using GreenLife expertise
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times