Articles by Saritha Rai

SoftBank Eyeing Entry into Insurance, Banking in Japan

SoftBank Group Corp. plans to announce within days that it will start a mobile digital payments service in Japan by the end of 2018 as billionaire founder Masayoshi Son seeks to expand in the sector, people familiar with the matter …

Japan’s SoftBank Eyes Taking Stake in India Insurance Startup: Sources

SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese company can take a …

India’s Paytm Wants to Create World’s Largest Digital Bank; Insurance to Be Offered

Paytm Payments Bank aims to create the world’s largest digital bank with 500 million accounts, envisioning an online financial services provider of everything from wealth management to credit cards and stock market trading. The bank, backed by [India’s] largest digital …

Uber Provides Free Accident Insurance for More Than 450,000 Indian Drivers

Uber Technologies Inc. rolled out a free insurance program for more than 450,000 drivers registered on its ride-hailing app in India, seeking to attract more drivers. The San Francisco-based company, which this week chose a new chief executive officer, said …