Indian Insurers Seek Private Investment as KKR-backed Avendus Arrives on the Scene

In a groundbreaking shift in the Indian insurance landscape, Avendus Capital, buoyed by the backing of investment giant KKR, has unveiled its strategic initiative aimed at bridging the funding gap for insurance companies in India. The firm is set to play a pivotal role in facilitating the entry of private capital into a sector that is currently grappling with the challenges of expanding its financial horizons to accommodate new regulations and increasing consumer demands.

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