Company lists
The India edition · 2026

Insurance distributioncompanies in India

Insurance brokers, online insurance, motor insurance, wealth & investment, loans & finance and more: the companies building insurance distribution in India, with their founders, funding, team size and business models.

576 company profiles273 with reported revenue11 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent insurance distribution business events in India

Funding, M&A, contract wins and launches involving 748 insurance distribution companies in India, last 24 months: 18 M&A deals · 2 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Feb 2026.

M&AAcquisition · Announced

Carlyle acquires Edelweiss

In a transaction last week, US-based Carlyle agreed to acquire a majority stake in Edelweiss's home finance business for $230 million, adding to the growing list of buyouts reshaping…

M&AAcquisition · Completed

Aon acquires Global insurance brokers

In another notable deal last year, Aon, the world’s second-largest reinsurance broker, acquired Global Insurance Brokers (GIB), founded by Prabodh Thakker, in a Rs 250-crore transaction.

Reinsurance broker
M&AAcquisition · Announced

Blackstone acquires Ace insurance brokers

Global private equity giant Blackstone has acquired a majority stake in New Delhi-based Ace Insurance Brokers for around Rs 1,700 crore.

Insurance intermediary
M&AAcquisition · Announced

Edme Insurance Brokers acquires Aditya birla insurance brokers

had acquired Aditya Birla Insurance Brokers from Aditya Birla Capital a year earlier.

Insurance broking / Reinsurance broking
Funding

Religare Enterprises

Religare Enterprises slipped nearly 4 per cent to a low of ₹260.40 on the NSE amid reports that the company secured up to ₹1,500 crore funding from a group of marquee investors,…

Investors Burmans
Funding

Renewbuy

Insurtech startup Renewbuy has raised $10 million (approx. ₹86 crore) in fresh funding from its existing investors, Apis Partners and 360 One (formerly IIFL Wealth), according to sources…

Insurtech
M&AMerger · Announced

Renewbuy acquires Insurancedekho

The fresh capital will strengthen operations and fuel expansion as the company advances its proposed merger with InsuranceDekho, a deal that could value Renewbuy at $300–350 million.

M&AAcquisition · Announced

Burman family acquires Religare Enterprises

The Burman family, known for their prominent role in the Indian consumer goods sector through their association with Dabur India, has successfully acquired control of Religare…

Financial services
M&AAcquisition · Completed

Burman Group acquires Religare

The Burman Group announced on February 20, 2025, that they have taken control of Delhi-based financial services firm Religare Enterprises Limited (REL) and have been appointed as its…

M&AAcquisition · Completed

Puran Associates, Vic Enterprises, M B Finmart acquires Religare Enterprises

Subsequently, four entities in January 2024 bought a 3.6 per cent stake in diversified financial services group Religare Enterprises for Rs 277 crore through open market transactions.

M&AAcquisition · Announced

Burmans acquires Religare Enterprises Ltd

Burmans, through four entities -- Finmart Pvt Ltd, Puran Associates Pvt Ltd, VIC Enterprises Pvt Ltd, and Milky Investment & Trading Company -- collectively owned 20.15 per cent stake in…

Financial Services
M&AAcquisition · Completed

Four entities acquires Religare Enterprises Ltd

Subsequently, four entities in January 2024 bought a 3.6 per cent stake in diversified financial services group Religare Enterprises for Rs 277 crore through open market transactions.

Financial Services
M&AAcquisition · Announced

Danny Gaekwad Developments & Investments Florida acquires Religare Enterprises

Florida-based businessman Danny Gaekwad has made a counteroffer to acquire a stake in Religare Enterprises at Rs 275 per share, significantly higher than the Rs 235 per share offer made…

M&AAcquisition · Announced

Danny Gaekwad acquires Religare

Now, Gaekwad has thrown his hat in the ring, offering to make an open offer at ₹275 per share—a 17% premium to the open offer made by the Burmans—for acquiring a 26% stake in Religare…

Financial services
M&AAcquisition · Announced

Digvijay ‘Danny’ Gaekwad acquires Religare Enterprises

I believe in the fundamentals of Religare’s business.

Financial Services
M&AAcquisition · Announced

Digvijay Gaekwad acquires Religare

Gaekwad has sought Sebi permission to launch an all cash offer to buy 55 per cent of Religare stake from its shareholders at a price of Rs 275 a share.

Financial Services
M&AAcquisition · Announced

Digvijay “Danny” Gaekwad’s firm acquires Religare Enterprises

In a stock exchange disclosure late on Friday, Religare shared a letter from U.S. entrepreneur Digvijay “Danny” Gaekwad’s firm requesting permission from Indian market regulator SEBI to…

M&AAcquisition · Announced

U.S. businessman acquires Religare

Religare Enterprises said a U.S. businessman has made a proposal to acquire a 26% stake in it

Financial Services
M&AAcquisition

Howden Insurance Brokers acquires Storfield Insurance Consultants Limited

DLA Piper has advised Howden Insurance Brokers (HK) Limited (Howden), a renowned international insurance broking group, on the successful acquisition of Storfield Insurance Consultants…

Insurance consulting
LaunchGanesha Aarti

Bajaj Capital Insurance

Bajaj Capital Insurance has launched a first of its kind, Human+AI music composition, ‘Ganesha Aarti’.

Music

Insurance distribution companies in India, by revenue

Browse insurance distribution companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 273 insurance distribution companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of online trading platform for stocks, commodities, and investment products

Consumer and sme loans
₹4,863.23 crFY 2022-23
+44%2022–2023
3,743+1% 12 mo to Mar 2024LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Provider of car insurance brokerage services, offering a range of policies and services to protect customers vehicles

Insurance distribution
₹2,239.67 crFY 2024-25
Not reported
230+1% 12 mo to Sep 2024LinkedIn · Oct 2026
24 yr2002
0none in 3 months

Provider of personal, commercial, MSME, government schemes, and rural insurance

Insurance distribution
₹1,908.31 crFY 2022-23
+5%2022–2023
18,020LinkedIn · Oct 2026
25 yr2001
0none in 3 months · last posted Jul 2026

Provider of insurance brokering services

Insurance distribution
₹1,751.83 crFY 2024-25
+8%2024–2025
13LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of diversified insurance brokerage services

Insurance distribution
₹1,094.95 crFY 2023-24
+157%2023–2024
946-5% 12 mo to Sep 2024LinkedIn · Oct 2026
22 yr2004
1postings · last posted Aug 2026

Provider of insurance brokerage services

Insurance distribution
₹962.65 crFY 2024-25
+20%2024–2025
—Not available
18 yr2008
0none in 3 months

Diversified insurance brokerage firm

Insurance distribution
₹736.95 crFY 2024-25
+24%2024–2025
223-10% 12 mo to Aug 2023LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Provider of insurance brokerage services

Insurance distribution
₹501.88 crFY 2024-25
+24%2024–2025
1,300+10% 12 mo to Aug 2024recorded Aug 2024
21 yr2005
0none in 3 months · last posted Aug 2025

Insurance distributor involved in procuring and soliciting insurance services

Insurance distribution
₹408.18 crFY 2024-25
+19%2024–2025
846+65% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Provider of online platform for comparing and purchasing various insurance plans

Insurance distribution
₹399.68 crFY 2024-25
+45%2024–2025
573+16% 12 mo to Sep 2024LinkedIn · Oct 2026
24 yr2002
1postings · last posted Aug 2026

Provider of insurance distribution services

Services for investment industry
₹217.38 crFY 2024-25
+31%2024–2025
—Not available
22 yr2004
0none in 3 months

Provider of life, health, property, and reinsurance brokerage services

Insurance distribution
₹189.75 crFY 2022-23
Not reported
339LinkedIn · Jul 2026
53 yr1973
—No postings tracked

Provider of insurance brokerage services

Insurance distribution
₹182.57 crFY 2024-25
+12%2024–2025
625+5% 12 mo to Sep 2024LinkedIn · Oct 2026
23 yr2003
0none in 3 months

Insurance and reinsurance broker provides insurance broking services to the consumer and wholesale markets

Insurance distribution
₹180.13 crFY 2024-25
+9%2024–2025
164LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of life & non-life insurance brokerage services

Insurance distribution
₹169.59 crFY 2024-25
+56%2024–2025
—Not available
21 yr2005
0none in 3 months

Insurance broker

Insurance distribution
₹158.77 crFY 2024-25
+12%2024–2025
—Not available
24 yr2002
0none in 3 months

Composite brokers focused on corporate insurance

Insurance distribution
₹144.77 crFY 2022-23
Not reported
267+11% 12 mo to Sep 2024LinkedIn · Oct 2026
23 yr2003
0none in 3 months

Provider of online platform for trading stocks, mutual funds, and insurance

Insurance distribution
₹148.07 crFY 2024-25
-30%2024–2025
196-50% 12 mo to Mar 2024LinkedIn · Oct 2026
21 yr2005
0none in 3 months

Provider of risk management, employee benefits, commercial, personal & motor insurance services

Insurance distribution
₹136.48 crFY 2024-25
+22%2024–2025
410+16% 12 mo to Sep 2024recorded Sep 2024
28 yr1998
0none in 3 months

Provider of architectural design and project management services

Insurance distribution
₹125.50 crFY 2024-25
+3%2024–2025
75recorded
24 yr2002
0none in 3 months

Provider of health, bike & travel insurance and reinsurance services

Insurance distribution
₹107.91 crFY 2024-25
+5%2024–2025
224LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Insurance Broker

Insurance distribution
₹105.15 crFY 2023-24
+763%2023–2024
47-40% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Investment management firm

Asset management
₹106.31 crFY 2024-25
+10%2024–2025
104+23% 12 mo to Sep 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months

Provider of life, health, property, motor & liability insurance services

Insurance distribution
₹104.05 crFY 2024-25
+12%2024–2025
363LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of insurance risk and planning management services

Insurance distribution
₹101.06 crFY 2024-25
+113%2024–2025
102LinkedIn · Jul 2026
9 yr2017
0none in 3 months
50 of 576 companies shown here · the full list is on Radar
Fliar Radar

Explore all 576 insurance distribution companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open insurance distribution in India on Radar
  • Every company, not just 50All 576 insurance distribution companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore insurance distribution companies in India by what you are looking for

Find insurance distribution companies in India, including insurance brokers, online insurance comparison platforms and insurance agencies. Browse top insurance providers in India and wealth and investment advisers who also distribute insurance.

8 ways to explore insurance distribution in India

Insurance brokers & distributorsOnline insurance comparison platformsMotor & auto insurance distributorsWealth management & investment advisersLoans & financial services distributorsEmployee benefits & group health insurance

Insurance brokers & distributors

Licensed insurance brokers and distributors for life, health and general insurance.

  1. Religare

    Provider of online trading platform for stocks, commodities, and investment products

    Consumer and sme loans
    See in list
  2. Maruti Suzuki Insurance Broking

    Provider of car insurance brokerage services, offering a range of policies and services to protect customers vehicles

    Insurance distribution
    See in list
  3. Bajaj General Insurance

    Provider of personal, commercial, MSME, government schemes, and rural insurance

    Insurance distribution
    See in list
  4. Navnit

    Provider of insurance brokering services

    Insurance distribution
    See in list
  5. Mahindra Insurance Brokers

    Provider of diversified insurance brokerage services

    Insurance distribution
    See in list

Online insurance comparison platforms

Websites and apps to compare and buy insurance policies online.

  1. ShiftRisk

    Online insurance comparison platform for individuals

    Internet first insurance platforms
    Website
  2. Policy Era

    Provider of diversified insurance brokerage services

    Internet first insurance platforms
    Website
  3. RenewBuy

    Retailer of insurance products, including health, life, motor, and OPD

    Insurance distribution
    Website
  4. Cover360

    Online comparison platform for life, health, and P&C insurances

    Internet first insurance platforms
    Website
  5. PBPartners

    Web-based platform for multiple insurance products

    Insurance distribution
    Website

Motor & auto insurance distributors

Car and vehicle insurance brokers and comparison services.

  1. Adroit Auto

    Provider of comprehensive automobile inspection, valuation, certification, and other services to clients

    Insurance distribution
    Website
  2. Aapkabima

    Online auto insurance comparison platform

    Insurance distribution
    Website
  3. Maruti Suzuki Insurance Broking

    Provider of car insurance brokerage services, offering a range of policies and services to protect customers vehicles

    Insurance distribution
    See in list
  4. Saravanas Smart World

    Provider of vehicle insurance services

    Insurance distribution
    Website
  5. Policylobby

    Provider of commercial vehicle insurance solutions

    Insurance distribution
    Website
10 companies in India

Wealth management & investment advisers

Financial planners, asset managers and investment advisers offering insurance too.

  1. reliancesmartmoney.com

    Provider of online platform for trading stocks, mutual funds, and insurance

    Insurance distribution
    See in list
  2. Djt

    Investment management firm

    Asset management
    See in list
  3. Welcon Financials

    Provider of wealth management and financial planning services

    Asset management
    Website
  4. Rr Investment Company

    Provider of maintenance, repair, and installation services for passenger ship systems

    Insurance distribution
    Website
  5. BluRock Wealth

    Provider of wealth management and retirement planning services

    Insurance distribution
    Website

Loans & financial services distributors

Consumer and SME loan providers and credit brokers.

  1. Religare

    Provider of online trading platform for stocks, commodities, and investment products

    Consumer and sme loans
    See in list
  2. ShubhBank

    Provider of insurance policy comparison and acquisition services

    Service providers to banks
    Website
  3. FIIT

    Platform for online lenders

    Services for investment industry
    Website
  4. Sagar Financial Services

    Provider of insurance, loan, mutual fund and financial services

    Insurance distribution
    Website
  5. SJ Financial Services

    Provider of tax optimization and insurance services

    Insurance distribution
    Website

Employee benefits & group health insurance

Group health insurance, employee benefits and claims administration.

  1. Ethika

    Provider of insurance benefits administration solution for enterprises

    Hrtech
    Website
  2. Metro Zone Health Services ( India )

    Provider of hospital insurance management services

    Insurance distribution
    Website
  3. Alankit Insurance Brokers

    Provider of unbiased insurance product comparison and advisory services.

    Insurance distribution
    Website
  4. UNISON Insurance Broking Services

    Provider of risk management, employee benefits, commercial, personal & motor insurance services

    Insurance distribution
    See in list
  5. Visista

    Provider of marine, specialized, employee benefits & life insurance services

    Insurance distribution
    See in list

Insurance distribution startups in India

Recently founded insurance distribution companies.

  1. Access Broking

    Provider of insurance brokerage services for diverse sectors

    Insurance distribution
    See in list
  2. MyBimaMantra

    Provider of life, health, car, and term insurance services

    Insurance distribution
    See in list
  3. Mutual Global Insurance Broking

    Provider of health, home, motor & liability insurance services

    Insurance distribution
    Website
  4. BimaBro

    Provider of insurance brokerage services for individuals and corporate clients

    Insurance distribution
    Website
  5. Neo Risk Management & Insurance Brokers

    Insurance broker providing risk management, employee benefits, and insurance solutions

    Insurance distribution
    Website
67 companies in India

Insurance distribution companies hiring in India

Insurance distribution companies with open roles.

  1. Bajaj General Insurance

    Provider of personal, commercial, MSME, government schemes, and rural insurance

    Insurance distribution
    See in list
  2. Mahindra Insurance Brokers

    Provider of diversified insurance brokerage services

    Insurance distribution
    See in list
  3. Prudent Insurance Brokers

    Provider of insurance brokerage services

    Insurance distribution
    See in list
  4. Probus Insurance

    Provider of online platform for comparing and purchasing various insurance plans

    Insurance distribution
    See in list
  5. Ideal Insurance Brokers

    Provider of insurance portfolio management services and brokerage solutions for clients across both life and general insurance categories

    Insurance distribution
    See in list
18 companies in India
Mobile reach

Top 10 insurance distribution apps from India

The most-installed Android apps published by insurance distribution companies headquartered in India — 5.8M installs between them. 75 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Deerika Hypermart

by Djt

Installs364K
Rating—
Installs, year on year+10%
Last updatedMay 2026
View on Google Play ↗
Deerika Hypermart screenshot 1Deerika Hypermart screenshot 2Deerika Hypermart screenshot 3Deerika Hypermart screenshot 4Deerika Hypermart screenshot 5
3

RenewBuy Partners

by RenewBuy

Installs344K
Rating—
Installs, year on year+9%
Last updatedMar 2026
View on Google Play ↗
RenewBuy Partners screenshot 1RenewBuy Partners screenshot 2RenewBuy Partners screenshot 3RenewBuy Partners screenshot 4RenewBuy Partners screenshot 5
4

PBPartners Inspection

by PBPartners

Installs272K
Rating—
Last updatedJun 2026
View on Google Play ↗
PBPartners Inspection screenshot 1PBPartners Inspection screenshot 2PBPartners Inspection screenshot 3PBPartners Inspection screenshot 4PBPartners Inspection screenshot 5PBPartners Inspection screenshot 6
6

Probus Insurance

by Probus Insurance

Installs107K
Rating—
Installs, year on year+22%
Last updatedMay 2026
View on Google Play ↗
Probus Insurance screenshot 1Probus Insurance screenshot 2Probus Insurance screenshot 3Probus Insurance screenshot 4Probus Insurance screenshot 5Probus Insurance screenshot 6
8

Futurisk Plus

by Futurisk

Installs33K
Rating—
Last updatedApr 2026
View on Google Play ↗
Futurisk Plus screenshot 1Futurisk Plus screenshot 2Futurisk Plus screenshot 3Futurisk Plus screenshot 4Futurisk Plus screenshot 5Futurisk Plus screenshot 6
9

Emedshield

by Emedshield

Installs32K
Rating—
Last updatedMay 2026
View on Google Play ↗
Emedshield screenshot 1Emedshield screenshot 2Emedshield screenshot 3Emedshield screenshot 4Emedshield screenshot 5Emedshield screenshot 6
The business behind the activity

Insurance distribution financials in India

Revenue, profit and growth from the filed annual accounts of 257 insurance distribution companies in India for FY24-25 — 283 of the 576 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 54% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹10,777.37 cr

257 companies filing accounts

combined net profit₹1,002.03 cr

9.3% aggregate margin

are profitable87%

223 of 257 companies

median revenue~₹6.0 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five54%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5,271.60 crFY19-20225 filers
₹5,777.27 crFY20-21243 filers
₹6,313.03 crFY21-22258 filers
₹5,331.98 crFY22-23269 filers
₹10,655.44 crFY23-24268 filers
₹10,777.37 crFY24-25257 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 247 companies over three years

+90%
FY22-23₹4,756.98 cr₹581.44 cr net
FY23-24₹7,341.76 cr₹858.35 cr net
FY24-25₹9,016.04 cr₹960.27 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr4260% profitable
₹1–10 cr11991% profitable
₹10–100 cr7894% profitable
₹100–1,000 cr1694% profitable
Over ₹1,000 cr2100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking63
0–20%66
20–50%70
50–100%29
Doubled+26

254 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

223profitable
34loss-making
9.3%aggregate margin
7.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Advance India Insurance Broker ServicesADVANCE INDIA INSURANCE BROKER SERVICES LIMITED+992%
3 Dimensional Insurance Brokers3 DIMENSIONAL INSURANCE BROKERS INDIA PRIVATE LIMITED₹12.00 cr
Arion Insurance BrokersARION INSURANCE BROKERS PRIVATE LIMITED+224%₹11.89 cr
Sargam Insurance BrokersSARGAM INSURANCE BROKERS PRIVATE LIMITED₹11.05 cr
Notion Insurance BrokerNOTION INSURANCE BROKER PRIVATE LIMITED
LimitlessLIMITLESS INSURANCE BROKING SERVICES PRIVATE LIMITED+129%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Sun Risk Management & Insurance Broking ServicesSUN RISK MANAGEMENT AND INSURANCE BROKING SERVICES PRIVATE LIMITED51.5%
Integrated Insurance Broking ServicesINTEGRATED INSURANCE BROKING SERVICES PRIVATE LIMITED48.4%₹169.59 cr
Kan Insurance BrokersKAN INSURANCE BROKERS PRIVATE LIMITED46.9%₹13.53 cr
InvestaccINVESTACC INSURANCE BROKERS PRIVATE LIMITED₹24.43 cr
LimitlessLIMITLESS INSURANCE BROKING SERVICES PRIVATE LIMITED41.6%
Anar InsuranceANAR INSURANCE BROKERS LIMITED₹12.12 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Insurance distribution244₹10,344.95 cr~₹6.0 cr88%9.9%
Leaders

Largest insurance distribution companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Maruti Suzuki Insurance BrokingMARUTI SUZUKI INSURANCE BROKING PRIVATE LIMITED₹2,239.67 cr₹310.27 cr13.9%+40%
NavnitNAVNIT MOTORS PRIVATE LIMITED₹1,739.80 cr₹39.94 cr2.3%+8%
Toyota Tsusho Insurance Broker IndiaTOYOTA TSUSHO INSURANCE BROKER INDIA PRIVATE LIMITED₹962.65 cr₹62.86 cr6.5%+20%
Prudent Insurance BrokersPRUDENT INSURANCE BROKERS PRIVATE LIMITED₹501.88 cr₹32.83 cr6.5%+24%
CIDSPLCHOLA INSURANCE DISTRIBUTION SERVICES PRIVATE LIMITED₹408.18 cr₹97.78 lakh0.2%+19%
Probus InsurancePROBUS INSURANCE BROKER PRIVATE LIMITED₹399.68 cr₹4.43 cr1.1%+45%
Howden IndiaHOWDEN INSURANCE BROKERS INDIA PRIVATE LIMITED₹217.38 cr₹35.95 cr16.5%+31%
KMDK. M. DASTUR INSURANCE AND REINSURANCE BROKERS PRIVATE LIMITED₹205.29 cr₹29.61 cr14.4%+5%
AllianceALLIANCE INSURANCE BROKERS PRIVATE LIMITED₹182.57 cr₹18.80 cr10.3%+12%
UIB Insurance BrokersUIB INSURANCE BROKERS (INDIA) PRIVATE LIMITED₹180.13 cr₹48.36 cr26.8%+9%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full insurance distribution landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the insurance distribution landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Insurance distribution funding and M&A across India

31 recorded equity rounds have gone to 748 insurance distribution companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months1

US$10.00m

raised over five yearsUS$125.04m

11 rounds in India

M&A deals, India18

last 24 months

Capital by year

Equity funding into insurance distribution in India

amount rounds
$1.0m20182
$20m20192
$570k20203
$64m20214
$9.6m20223
$40m20231
$964k20242
$10m20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$64.48m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$26k1 rounds · median US$26k
SeedUS$964k2 rounds · median US$964k
Series AUS$6.70m1 rounds · median US$6.70m
Series CUS$59.03m4 rounds · median US$6.39m
Series D+US$58.33m3 rounds · median US$10.00m
Where the money went · five years

Most-funded sub-sectors

Insurance distributionUS$125.04m11 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

17Acquisition
1Merger

Most active acquirers

  1. Digvijay ‘Danny’ Gaekwad3
  2. Burman family2
  3. Danny Gaekwad Developments & Investments Florida2
  4. Carlyle1
  5. Aon1

Most acquired or merged

  1. Religare Enterprises5
  2. Religare4
  3. Religare Enterprises Ltd2
  4. Edelweiss1
  5. Global insurance brokers1

Each deal appears in the events strip at the top of the page.

Insurance distribution funding in India

11 insurance distribution companies in India have recorded equity funding, US$186.99m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind insurance distribution companies in India. 222 of 576 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India insurance distribution companies by sub-sector

The most common specialisations among insurance distribution companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring insurance distribution in India and nearby markets.

Coming soon