Raise Financial Hires Ex-Upstox Exec Abhishek Singh To Helm New Insurtech Bet
Fintech unicorn Raise Financial Services has roped in former Upstox executive Abhishek Singh as the chief executive officer (CEO) of…
Raise Financial Services has announced the appointment of former Upstox executive Abhishek Singh as CEO of its new insurtech venture, Pluto Insurance. Singh expressed his excitement about joining the company, stating that Pluto's platform aims to solve real problems for customers using cutting-edge technology and AI. With over two decades of experience in the insurance sector, Singh has previously worked with Aviva India, PNB Metlife, Edelweiss Tokio Life Insurance, and most recently as a senior director at Upstox.
The new insurtech platform, Pluto Insurance, is set to be launched under GreenLife Insurance Broking Pvt Ltd (GIBL) and is currently accepting users onto its waitlist. The appointment of Singh follows Raise Financial's acquisition of GIBL in a cash-and-stock deal three months ago, and the fintech unicorn had committed $15 Mn to build a consumer-focused insurance distribution platform.
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