American private equity firm General Atlantic-backed registrar and transfer agency, KFin Technologies, on Tuesday said that it has acquired a 17% stake for an undisclosed amount in insurtech startup Artivatic.ai.
The partnership with Artivatic will help KFintech venture into the insurtech space as the firm looks to diversify beyond offering registry services to mutual funds, corporates, and pensions among other asset classes, the company said in a statement.
