Business

IndiaFirst plans to raise Rs 250 cr in subordinated debt

The Economic Times · 28 August 2026 at 7:24 am

IndiaFirst Life Insurance plans to raise ₹150-250 crore through subordinated debt.

BNP Paribas Cardif will acquire Warburg Pincus' stake in the insurer.

The company's initial public offering plans have been deferred, not abandoned.

Its agency channel is expected to contribute a larger share to business.

IndiaFirst Life is also seeking new bancassurance partnerships.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

IndiaFirst plans to raise Rs 250 cr in subordinated debt

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