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Electric two-wheeler maker
Ather Energy announced plans to enter the
auto insurance space by incorporating a wholly-owned subsidiary that will operate as a corporate agent, according to an exchange filing on Friday.
The new entity will offer auto insurance to Ather customers across India in partnership with multiple insurers, the company said. The move is aimed at streamlining insurance offerings, improving customer experience, and creating a recurring revenue stream by leveraging Ather’s user base, it added.
Bringing insurance distribution in-house…
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