Last year, the Bengaluru-based fintech startup had entered the insurtech sector with an insurance corporate agent licence, which allowed the company to partner with only three insurance companies per category i.e. health, life and general.source https://economictimes.indiatimes.com/industry/banking/finance/insure/phonepe-deepens-foray-into-indias-retail-insurance-sector/articleshow/85760511.cms
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