Fusion Finance Share Price Surges On Receiving IRDAI Approval to Act as Corporate Agent

Fusion Finance Limited (formerly Fusion Micro Finance Limited) announced that it has received a Certificate of Registration from the Insurance Regulatory and Development Authority of India (IRDAI) to operate as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938, the company said in a regulatory filing.

Licence Valid for Three Years

The licence allows Fusion Finance to solicit and distribute insurance products from multiple insurers across life, general, and health segments. The registration, valid for 3 years, strengthens the company’s financial services portfolio by enabling it to offer risk protection products alongside its lending and financial inclusion solutions.

The approval comes as part of the company’s broader diversification strategy to provide comprehensive financial solutions to its customers.

Strategic Impact on Operations

Fusion Finance stated that the new licence will allow it to expand customer engagement and cross-sell insurance offerings through its extensive branch network across India. The company expects this development to enhance fee-based income streams while improving client retention and risk protection coverage for borrowers.

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Fusion Finance Share Price Performance 

As of October 23, 2025, 12:20 PM, Fusion Finance share price is trading at ₹185.51 per share, reflecting a surge of 1.24% from the previous closing price.

Conclusion

With this approval, Fusion Finance joins the growing list of NBFCs expanding into insurance distribution, leveraging its retail reach and customer trust to strengthen its position in India’s financial ecosystem.

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