The platform is aimed at property, casualty and specialty insurers, as well as brokers and risk teams.
Designed to tackle the difficulties that captive insurers face, Captive Fit focuses on issues such as premium, investment and reserve risks.
The collaboration with Snowflake, an AI data cloud company, allows Radar users to securely access data directly from the Snowflake platform.
The divestment of the stake resulted in proceeds of approximately Rs10.07bn (around $114m).
