New Delhi, March 3 (IANS) Shark Tank India has transformed the Indian startup ecosystem, helping budding entrepreneurs in various forms and democratising access to capital, Ankit Agrawal, Founder and CEO, InsuranceDekho, said on Sunday.
Agrawal has also made significant appearances on platforms such as Shark Tank India and has a substantial social media presence.
“The business reality shows have grabbed the eyeballs across age groups; indeed, they have not just gained popularity but have helped budding entrepreneurs in various forms,” he told IANS.
Agrawal said that shows like Shark Tank India have contributed to boosting the entrepreneurial and startup landscape in the country.
“Altogether, they have become a platform democratising access to capital, amplifying visibility and awareness, validating startup ideas, and inspiring aspiring entrepreneurs to pursue their dreams,” the InsuranceDekho CEO stressed.
Agrawal is a mentor and an angel investor on the popular investment show ‘Indian Angels’ on Jio Cinema. He is also the recipient of ‘Bharat Fintech Leader of the Year 2023’.
InsuranceDekho recently joined India’s soonicorn list after raising $150 million which is one of the biggest series A funding (from South Asia) in recent times.
The company clocked Rs 1,930 crore premium in FY23 and is on course to do more than Rs 3,600 crore premium in FY24.
“The insurtech industry is focusing on promoting technology-driven distribution by harnessing the benefits of mobile technology and digital platforms to effectively expand the reach in remote areas,” Agrawal said.
He said that the strengthening the digital initiative with simplification of the application process along with customised solutions can invariably contribute to eliminating the hassles of dealing with lengthy processes.
–IANS
na/dan
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
