Bengaluru: Paytm has hired former Coverfox CEO Premanshu Singh as senior vice president and the head of its insurance business.

This development comes months after Paytm’s talks to acquire the online insurance aggregator fell through.

ET first reported about the potential deal.

ET Money is a part of the Times Group, which also publishes this paper.Last month, Coverfox cofounder and chief technology officer Devendra Rane moved out of the company.

The Mumbai-based startup was founded by Varun Dua and Rane in 2013. | To read full story, visit https://startuparound.com/read/1584415805.137155/Paytm-hires-former-Coverfox-CEO-after-failed-acquisition-talks?ref=audio_experience