(File photo)
BENGALURU: Consumers would be able to buy sachet-sized health insurance on WhatsApp by the end of the year, said Abhijit Bose, India head for WhatsApp. On top of enabling payments, the Facebook-owned platform is running pilots to enable selling micro-insurance, pension with financial services companies who will use its application programming interface (API) to reach consumers. This is the first time the local arm of the Menlo Park-based company has given a timeline for launching these products in India.
To start this, WhatsApp has partnered with SBI General Insurance for health insurance while it is working with HDFC Pensions and pinBox Solutions to offer post-retirement pension products. Bose, who was speaking at the company’s India event, said WhatsApp plans to run similar pilots in ed-tech and agri-tech as well to reach its vast base of users in India 400 million.
Updated Dec 15, 2020 | 18:50 IST | Times Now Digital
SBI General Insurance SME Awards celebrate the contribution of India s most promising SMEs. Watch the insightful interaction with Prakash Chandra Kandpal, MD and CEO, SBI General Insurance SBI General Insurance presents SME Awards: Honouring the best SMEs in the country
SMEs are the backbone of the Indian economy. They provide employment across the urban and rural India in different industries thus boosting the Atmanirbhar Bharat initiative of the government.
In a bid to recognize & honour the best SMEs in the country SBI General Insurance presents SME Awards partnered by Times Network. In the current episode, Mihir Bhatt - Chief Editor, IPs, Times Network engages in a conversation with Prakash Chandra Kandpal, MD and CEO, SBI General Insurance here only on ET NOW.