Company lists
The India edition · 2026

Insurance itcompanies in India

Insurance software, claims, banking & lending tech, CRM & sales, chatbots & AI and more: the companies building insurance it in India, with their founders, funding, team size and business models.

235 company profiles119 with reported revenue47 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent insurance it business events in India

Funding, M&A, contract wins and launches involving 300 insurance it companies in India, last 24 months: 16 funding rounds · 9 launches · 9 M&A deals · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

LaunchAutonomous Customer Operations Platform

Talisma

Talisma has launched its latest platform, the Autonomous Customer Operations Platform, to ease AI adoption in financial services and education sectors.

LaunchZENOVA

Zopper

Zopper, India’s leading insurtech company, announced the launch of ZENOVA, an agentic layer designed to transform how banks distribute insurance products.

Insurance distribution layer
Funding

Care.Fi

Care.fi landed $8 million to help hospitals in India run better and faster…

Health
M&AAcquisition · Announced

Care.Fi acquires Aldun

Care.fi, a healthcare-focussed fintech founded by Vikrant Agrawal and Sidak Singh, announced its acquisition of Aldun, a discharge-automation platform known for enabling near-instant,…

Healthcare Software
FundingSeries D

Arya

With farmers facing greater climate‑related threats to their livelihoods, the company is expanding its services with funding from climate‑focused GEF Capital Partners, a spinout from the…

Agtech
FundingPreferential Issue

Medi Assist Healthcare Services

Shardul Amarchand Mangaldas & Co. (SAM) advised Medi Assist Healthcare Services Limited (“Medi Assist”) on its ~INR 198 crores fundraise through preferential issue of equity shares to…

Investors Massachusetts Institute of Technology, 238 Plan Associates
Healthcare Services
LaunchNexus 360

Perfios

Indian B2B Software as a Service (SaaS) firm Perfios has expanded its Nexus 360 credit decisioning platform across South East Asia.

Credit decisioning platform
FundingPrivate Placement

Medi Assist Healthcare Services

Bengaluru, October 11, 2025 – Medi Assist Healthcare Services Limited (“Medi Assist”), India’s premier health benefits administrator, today announced an investment from Massachusetts…

Investors Massachusetts Institute of Technology (MIT), 238 Plan Associates
Healthcare
LaunchSureMatch

Impactsure technologies

Impactsure Technologies, a leading global provider of AI-driven solutions for banking and financial services, today announced the launch of SureMatch, its next-generation Agentic AI…

Agentic AI platform for Global Trade
M&ACompleted

Na acquires Medi Assist Healthcare Services

Bessemer India Capital Holdings II Ltd. has sold 1.11 crore equity shares, representing 15.67% of the total share/voting capital, in Medi Assist Healthcare Services Limited.

Funding

Bharatsure

Bharatsure, one of India’s leading Insurtech companies offering Infrastructure as a Service (IaaS) solutions has raised INR 6 Crores from Inflection Point Ventures (IPV) and other…

Insurtech
FundingGrowth

Credit wise capital

Moving to India, Credit Wise Capital, a consumer lending platform focused on financing two-wheelers and EVs, raised $23.3 million in a growth funding round.

Consumer Lending
LaunchVahana Hub

Decimal technologies

Decimal Technologies announced the strategic revamp of Vahana Hub into a public marketplace of APIs and composable apps.

Public marketplace of APIs and composable apps
M&AAcquisition · Completed

Sapiens acquires Candela labs

Clearsight served as the exclusive advisor to Azentio Software Private Limited on the divestiture of Candela Labs to Sapiens International Corporation N.V.

Intelligent automation
M&AAcquisition · Completed

Perfios acquires IHX

Perfios has acquired healthcare information exchange platform IHX.

Healthtech
LaunchRetail Banking Customer 360

Businessnext

BUSINESSNEXT, a global leader in composable enterprise solutions for the financial services sector, has introduced triple-layer AI-powered Retail Banking Customer 360.

Customer Intelligence Solution
LaunchDynamic PoPs

Arya

Aryaka has added dynamic PoPs to meet customers’ connectivity and regulatory compliance needs.

Network Infrastructure
FundingGrowth-stage

Zopper

insurtech firm Zopper

LaunchAGENTNEXT

Businessnext

BUSINESSNEXT, a global leader in composable cloud solutions for financial services, has launched India’s first AI agent platform to modernize the banking, financial services, and…

AI agent platform
FundingSeed

Healspan

Bengaluru-based insurtech startup Healspan – provider of a disruptive revenue cycle management software – has raised an undisclosed amount of seed funding, led by financial services and…

Investors Lead Angels, Paper Arizona, Srijith Nair (Gowelnext Solutions), The Doctorpreneur Academy
Insurtech

Insurance it companies in India, by revenue

Browse insurance it 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 119 insurance it 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 IT and ITES solutions for insurance sectors

Insurance it
₹952.01 crFY 2024-25
+18%2024–2025
11+10% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months

Provider of AI-driven platform for financial analysis, verification, and decisioning

Insurance it
₹708.65 crFY 2024-25
Not reported
1,573LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Developer of cloud-based platform for digital lending and finance management solutions

Insurance it
₹320.98 crFY 2024-25
+5%2024–2025
3,426-9% 12 mo to Aug 2024recorded Aug 2024
20 yr2006
1postings · last posted Sep 2026

Provider of composable platform for CRM, data management, lending, and AI agent solutions

Insurance it
₹312.77 crFY 2024-25
Not reported
1,117+3% 12 mo to Aug 2023LinkedIn · Jul 2026
25 yr2001
4postings · last posted Sep 2026

Insurance sales and marketing solution

Insurance it
₹277.44 crFY 2024-25
-30%2024–2025
892LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Real-time credit-decisioning platform and data aggregation APIs

Banking tech
₹244.66 crFY 2022-23
Not reported
1,573+2% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
—No postings tracked

Provider of loans and vehicle-related services via digital platforms

Insurance it
₹127.25 crFY 2024-25
+15%2024–2025
248+8% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Digital transformation and automation for the insurance and healthcare sectors

Insurance it
₹100.00 crFY 2024-25
+29%2024–2025
501+15% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
0none in 3 months

Software suite for the insurance industry

Insurance it
₹82.97 crFY 2024-25
-19%2024–2025
362+5% 12 mo to Jul 2024LinkedIn · Jul 2026
19 yr2007
9postings · last posted Sep 2026

Developer of an AI-led InsurTech platform building intelligent, configurable insurance systems

Insurance it
₹72.06 crFY 2024-25
+10%2024–2025
447-6% 12 mo to Mar 2024LinkedIn · Jul 2026
14 yr2012
2postings · last posted Aug 2026

Developer of a no-code platform for enterprise application development solutions

Insurance it
₹66.35 crFY 2024-25
+10%2024–2025
404+14% 12 mo to Aug 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of API based applications for the insurance industry

Insurance it
₹63.86 crFY 2024-25
+108%2024–2025
177+135% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Mar 2026

Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions

Insurance it
₹56.00 crFY 2024-25
Not reported
54-17% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
3postings · last posted Sep 2026

Insurtech company providing enterprise resource planning solutions

Insurance it
₹48.09 crFY 2024-25
+57%2024–2025
195LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Jan 2020

Provider of a platform for digital insurance distribution and management

Insurance it
₹45.99 crFY 2024-25
+116%2024–2025
137+20% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Software solutions provider for multiple verticals

Internet first insurance platforms
₹39.81 crFY 2024-25
+3%2024–2025
430-51% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of crop plantation and data management solutions

Crop tech
₹39.75 crFY 2024-25
+38%2024–2025
—Not available
32 yr1994
0none in 3 months

Provider of insurance products across various industries and business types

Insurance it
US$4.44mFY 2022-23
+181%2022–2023
105-4% 12 mo to Jun 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted May 2026

An online marketplace of healthcare services

Healthcare payer tech
₹36.01 crFY 2024-25
+4%2024–2025
203+1% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Nov 2025

Enterprise Mobility Softwares

It services
₹35.59 crFY 2024-25
-1%2024–2025
280-4% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of AI-driven solutions for healthcare operations

Insurance it
₹28.07 crFY 2024-25
+22%2024–2025
155+214% 12 mo to Feb 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted May 2026

Provider of proprietary digital platform for banking and insurance sector

Insurance it
₹25.76 crFY 2024-25
+10%2024–2025
114-3% 12 mo to Jan 2021LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Platform enabling multiple insurance policies

Insurance it
₹24.59 crFY 2024-25
+163%2024–2025
34+20% vs previous recordLinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

AI-based software suite for the insurance industry

Insurance it
₹21.56 crFY 2024-25
+20%2024–2025
149+9% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
3postings · last posted Jul 2026

Provider of sales incentive compensation management platform and managed services

Sales force automation
₹20.37 crFY 2022-23
+74%2022–2023
85+38% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months
50 of 235 companies shown here · the full list is on Radar
Fliar Radar

Explore all 235 insurance it 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 it in India on Radar
  • Every company, not just 50All 235 insurance it 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 IT companies in India by what you are looking for

Find insurance IT companies in India, from policy administration software to claims platforms. Browse top insurance IT companies and insurance startups in India by what they build.

9 ways to explore insurance it in India

Insurance software & policy administration companiesClaims processing & risk analytics companiesBanking, lending & BFSI technology companiesCRM, sales & customer engagement for insurersChatbot, AI & customer service softwareDigital insurance platforms & insurtech

Insurance software & policy administration companies

Software suites for policy administration, agency management and quoting.

  1. Shriram Value Services

    Provider of IT and ITES solutions for insurance sectors

    Insurance it
    See in list
  2. NovacTech

    Developer of cloud-based platform for digital lending and finance management solutions

    Insurance it
    See in list
  3. Zopper

    Insurance sales and marketing solution

    Insurance it
    See in list
  4. Exdion

    Digital transformation and automation for the insurance and healthcare sectors

    Insurance it
    See in list
  5. C2L BIZ

    Software suite for the insurance industry

    Insurance it
    See in list

Claims processing & risk analytics companies

Claims automation, fraud detection and risk analytics for insurers.

  1. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  2. EigenRisk

    Risk analytics solutions for insurance & risk management community

    Grc software
    See in list
  3. Perceptiviti

    OCR for document digitisation AI for fraud detection

    Cybersecurity
    Website
  4. Fintalk

    Offers AI powered chatbots for finanical advisors

    Regtech
    Website
  5. GoSure.AI

    AI based platform offering insurance risk management solutions

    Banking tech
    Website

Banking, lending & BFSI technology companies

Technology platforms for banks, lenders and financial institutions.

  1. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  2. NovacTech

    Developer of cloud-based platform for digital lending and finance management solutions

    Insurance it
    See in list
  3. BUSINESSNEXT

    Provider of composable platform for CRM, data management, lending, and AI agent solutions

    Insurance it
    See in list
  4. AccelTree

    Provider of proprietary digital platform for banking and insurance sector

    Insurance it
    See in list
  5. Finvolv

    Provider of a low-code embedded finance platform for financial services firms

    Alternative lending
    See in list

CRM, sales & customer engagement for insurers

Sales automation, marketing and CRM tools for insurance distribution.

  1. BUSINESSNEXT

    Provider of composable platform for CRM, data management, lending, and AI agent solutions

    Insurance it
    See in list
  2. Zopper

    Insurance sales and marketing solution

    Insurance it
    See in list
  3. Herald Logic

    Provider of sales incentive compensation management platform and managed services

    Sales force automation
    See in list
  4. Finvolv

    Provider of a low-code embedded finance platform for financial services firms

    Alternative lending
    See in list
  5. IorTa

    Provider of AI-powered digital solutions for BFSI sales and operations

    Insurance it
    See in list

Chatbot, AI & customer service software

Chatbots, voice AI and customer support software for insurers.

  1. Decimal Technology

    Developer of a no-code platform for enterprise application development solutions

    Insurance it
    See in list
  2. I3 Systems

    AI-based solution for automating claims processing and management for the health sector

    Insurance it
    See in list
  3. Innodigital

    Platform offering CRM software and solutions for BFSI industries

    Customer service software
    See in list
  4. awaaz.ai

    Provider of multilingual voice AI agents for customer service

    Customer service software
    Website
  5. Enkefalos

    Developer of AI solutions for insurance carriers, agencies, and related businesses

    Banking tech
    Website

Digital insurance platforms & insurtech

Online insurance platforms and insurance-as-a-service providers.

  1. CreditWise Capital

    Provider of loans and vehicle-related services via digital platforms

    Insurance it
    See in list
  2. Symbo

    Provider of insurance products across various industries and business types

    Insurance it
    See in list
  3. Vitraya

    Platform offering claims processing for healthcare sector

    Healthcare payer tech
    See in list
  4. Gradatim

    SaaS based insurance and banking solutions for businesses

    Insurance it
    See in list
  5. MedPiper

    Offers streamlined health check programs, precision health data, and digital workflows to enhance patient outcomes.

    Internet first insurance platforms
    See in list

Vehicle telematics & usage-based insurance

Connected vehicle and fleet data platforms used for motor insurance.

  1. iNube

    Software solutions provider for multiple verticals

    Internet first insurance platforms
    See in list
  2. Remedinet Technologies

    Provider of healthcare payer-provider network solutions

    Healthcare payer tech
    See in list
  3. nesh.live

    Offers cloud-based fleet intelligence platform for businesses

    Road transport tech
    See in list
  4. Yatis

    App-based platform for car tracking, maintenance, and safety

    Iot applications
    See in list
  5. WIMWIsure

    AI-based P&C insurance claims processing platform for insurers

    Insurance it
    Website

Insurance IT startups in India

Recently founded insurance IT companies in India.

  1. Care.fi

    Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers

    Healthcare it
    See in list
  2. Innodigital

    Platform offering CRM software and solutions for BFSI industries

    Customer service software
    See in list
  3. ValuEnable

    CRM and insurance policy management solutions

    Insurance it
    See in list
  4. Bharatsure

    Provider of technology and infrastructure for employee benefits and embedded insurance

    Insurance it
    See in list
  5. Mitigata

    Provider of cyber insurance products and digital security monitoring services

    Insurance it
    Website
68 companies in India

Insurance IT companies hiring in India

Insurance IT companies in India with open jobs.

  1. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  2. NovacTech

    Developer of cloud-based platform for digital lending and finance management solutions

    Insurance it
    See in list
  3. BUSINESSNEXT

    Provider of composable platform for CRM, data management, lending, and AI agent solutions

    Insurance it
    See in list
  4. C2L BIZ

    Software suite for the insurance industry

    Insurance it
    See in list
  5. Monocept

    Developer of an AI-led InsurTech platform building intelligent, configurable insurance systems

    Insurance it
    See in list
27 companies in India
Mobile reach

Top 10 insurance it apps from India

The most-installed Android apps published by insurance it companies headquartered in India — 7.5M installs between them. 34 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

TurtlemintPro - Sell Insurance

by Mintpro

Installs5.1M
Rating4.036K ratings
Installs, year on year+19%
Last updatedJun 2026
View on Google Play ↗
TurtlemintPro - Sell Insurance screenshot 1TurtlemintPro - Sell Insurance screenshot 2TurtlemintPro - Sell Insurance screenshot 3TurtlemintPro - Sell Insurance screenshot 4TurtlemintPro - Sell Insurance screenshot 5TurtlemintPro - Sell Insurance screenshot 6
2

LiveChek

by LiveChek

Installs615K
Rating4.523K ratings
Last updatedMay 2026
View on Google Play ↗
LiveChek screenshot 1LiveChek screenshot 2LiveChek screenshot 3LiveChek screenshot 4LiveChek screenshot 5LiveChek screenshot 6
3

CoverSure: Insurance made easy

by CoverSure

Installs497K
Rating—
Last updatedJun 2026
View on Google Play ↗
CoverSure: Insurance made easy screenshot 1CoverSure: Insurance made easy screenshot 2CoverSure: Insurance made easy screenshot 3CoverSure: Insurance made easy screenshot 4CoverSure: Insurance made easy screenshot 5CoverSure: Insurance made easy screenshot 6
4

Customer WIMWIsure

by WIMWIsure

Installs407K
Rating—
Last updatedApr 2025
View on Google Play ↗
Customer WIMWIsure screenshot 1Customer WIMWIsure screenshot 2
5

agentAUX-Insurance Calculator

by agentAUX

Installs256K
Rating—
Last updatedJun 2026
View on Google Play ↗
agentAUX-Insurance Calculator screenshot 1agentAUX-Insurance Calculator screenshot 2agentAUX-Insurance Calculator screenshot 3agentAUX-Insurance Calculator screenshot 4agentAUX-Insurance Calculator screenshot 5agentAUX-Insurance Calculator screenshot 6
6

BLISS Combo (BMA Pro)

by BLISS

Installs215K
Rating—
Last updatedJun 2026
View on Google Play ↗
BLISS Combo (BMA Pro) screenshot 1BLISS Combo (BMA Pro) screenshot 2BLISS Combo (BMA Pro) screenshot 3BLISS Combo (BMA Pro) screenshot 4BLISS Combo (BMA Pro) screenshot 5BLISS Combo (BMA Pro) screenshot 6
The business behind the activity

Insurance it financials in India

Revenue, profit and growth from the filed annual accounts of 114 insurance it companies in India for FY24-25 — 131 of the 235 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,595.19 cr

114 companies filing accounts

combined net profit₹182.44 cr

7.0% aggregate margin

are profitable66%

75 of 114 companies

median revenue~₹3.3 cr

the typical company

median revenue growth+23%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹829.42 crFY19-2073 filers
₹961.68 crFY20-2183 filers
₹1,456.51 crFY21-2291 filers
₹2,122.83 crFY22-23100 filers
₹2,454.64 crFY23-24112 filers
₹2,595.19 crFY24-25114 filers

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

Like-for-like

The same 89 companies over three years

+50%
FY22-23₹1,681.31 cr₹179.82 cr net
FY23-24₹2,416.38 cr₹393.13 cr net
FY24-25₹2,521.52 cr₹194.58 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 cr3361% profitable
₹1–10 cr5161% profitable
₹10–100 cr2576% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking28
0–20%24
20–50%17
50–100%16
Doubled+20

105 companies with accounts for both years; median growth +23%.

Profitability

Profit is concentrated at the top

75profitable
39loss-making
7.0%aggregate margin
3.2%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
CoverstackCOVERSTACK TECHNOLOGIES PRIVATE LIMITED+490%₹16.68 cr
VitrayaVITRAYA TECHNOLOGIES PRIVATE LIMITED
RiskcovryUMBO IDTECH PRIVATE LIMITED+157%₹43.01 cr
ABI HealthABI-HEALTH TECHNOLOGIES PRIVATE LIMITED+60%₹23.07 cr
I3 SystemsINTELLIGENT INDUSTRIAL INTERNET SYSTEMS PRIVATE LIMITED
Acess MeditechACESS MEDITECH PRIVATE LIMITED+38%₹19.48 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Decimal TechnologyDECIMAL TECHNOLOGIES PRIVATE LIMITED90.2%₹66.35 cr
ExdionEXDION SOLUTIONS PRIVATE LIMITED24.0%₹89.50 cr
AccelTreeACCELTREE SOFTWARE PRIVATE LIMITED20.4%₹25.76 cr
Shriram Value ServicesSHRIRAM VALUE SERVICES LIMITED19.3%₹633.01 cr
C2L BIZC2L BIZ SOLUTIONS PRIVATE LIMITED14.7%₹62.02 cr
FynTuneFYN TUNE SOLUTION PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Insurance it80₹2,295.20 cr~₹3.1 cr64%7.9%
Customer service software6₹21.33 cr~₹4.2 cr83%1.4%
Leaders

Largest insurance it companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Shriram Value ServicesSHRIRAM VALUE SERVICES LIMITED₹633.01 cr₹122.47 cr19.3%+26%
NovacTechNOVAC TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹320.98 cr₹10.56 cr3.3%+5%
ZopperZOPPER INSURANCE BROKERS PRIVATE LIMITED₹277.44 cr₹26.53 lakh0.1%-30%
BUSINESSNEXTACIDAES SOLUTIONS PVT LTD₹274.35 cr₹4.60 cr1.7%+4%
CreditWise CapitalCREDIT WISE CAPITAL PRIVATE LIMITED₹114.34 cr₹4.49 cr3.9%+18%
ExdionEXDION SOLUTIONS PRIVATE LIMITED₹89.50 cr₹21.49 cr24.0%+12%
MonoceptMONOCEPT CONSULTING PRIVATE LIMITED₹69.24 cr₹7.36 cr10.6%+9%
Decimal TechnologyDECIMAL TECHNOLOGIES PRIVATE LIMITED₹66.35 cr₹59.83 cr90.2%+10%
C2L BIZC2L BIZ SOLUTIONS PRIVATE LIMITED₹62.02 cr₹9.11 cr14.7%-49%
RiskcovryUMBO IDTECH PRIVATE LIMITED₹43.01 cr−₹18.70 cr-43.5%+157%
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 it 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 it 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 it funding and M&A across India

212 recorded equity rounds have gone to 300 insurance it 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 months1

US$5.00m

equity rounds, last 24 months15

US$66.81m

raised over five yearsUS$477.54m

94 rounds in India

M&A deals, India9

last 24 months

Capital by year

Equity funding into insurance it in India

amount rounds
$33m201814
$60m201916
$14m202019
$60m202126
$179m202221
$80m202319
$120m202416
$33m202511
$5.0m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$179.39m across 21 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.90m13 rounds · median US$54k
SeedUS$61.97m60 rounds · median US$587k
Series AUS$79.17m13 rounds · median US$5.00m
Series BUS$31.00m2 rounds · median US$15.50m
Series CUS$155.62m2 rounds · median US$77.81m
Series D+US$147.88m4 rounds · median US$33.21m
Where the money went · five years

Most-funded sub-sectors

Insurance itUS$432.65m62 rounds · 25 companies
Road transport techUS$15.00m1 rounds · 1 companies
Healthcare payer techUS$11.95m4 rounds · 1 companies
Healthcare itUS$11.57m6 rounds · 2 companies
Banking techUS$1.66m9 rounds · 4 companies
Alternative lendingUS$1.49m2 rounds · 1 companies
Customer service softwareUS$1.02m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

8Acquisition
1Completed

Most active acquirers

  1. Perfios5
  2. Care.Fi1
  3. Na1
  4. Medi Assist Healthcare Services1
  5. Sapiens1

Most acquired or merged

  1. Aldun1
  2. Medi Assist Healthcare Services1
  3. Paramount Health Services & Insurance TPA Private Limited1
  4. Candela labs1
  5. IHX1

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

Insurance it funding in India

47 insurance it companies in India have recorded equity funding, US$520.51m 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 it companies in India. 161 of 235 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 it companies by sub-sector

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

Keep exploring insurance it in India and nearby markets.

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