Raise Financial Services, the parent of stockbroker Dhan, has acquired IRDAI-registered GreenLife Insurance Broking in an all-cash and stock deal. The Mumbai-based fintech will invest about $15 million to build a technology-led consumer insurance distribution platform, aiming for launch by end-2026. Regulatory approvals are in place, and GreenLife will remain a wholly owned subsidiary within Raise’s ecosystem.
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