Company lists
The Bengaluru edition · 2026

InsurTechcompanies in Bengaluru

Digital insurers, insurance software, employee benefits, fintech & risk, health and more: the companies building insurtech in Bengaluru, Karnataka, with their founders, funding, team size and business models.

80 company profiles49 with reported revenue33 with recorded fundingOctober 2026 edition
Bengaluru · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent insurtech business events in India

Funding, M&A, contract wins and launches involving 711 insurtech companies in India, last 24 months: 25 funding rounds · 21 M&A deals · 13 launches · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Raise financial services acquires GreenLife Insurance Broking

Raise Financial Services, the holding company of the stock trading platform Dhan, has recently acquired GreenLife Insurance Broking as part of its formal entry into the insurance…

Insurance
M&AAcquisition · Announced

Raise Financial acquires GreenLife Insurance

Raise Financial, parent of online stock broking platform Dhan, has acquired GreenLife Insurance, its third buyout in just over a year, marking its entry into insurance broking. The…

Insurance broking
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

Acko General Insurance

ACKO has raised $598 million — the highest among all funded InsurTech companies in India as of January 2026.

InsurTech
Funding

Care.Fi

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

Health
FundingQIP

Pb fintech

PB Fintech Ltd, the parent of Policybazaar, said on Monday that its board will meet on 5 February to consider raising capital through a qualified institutional placement (QIP) to fund…

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
M&AMerger · Announced

Go Digit General Insurance acquires Go Digit Infoworks Services

Go Digit General Insurance’s board has approved the amalgamation of its holding company, Go Digit Infoworks Services, into the listed entity.

IT Consulting
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
M&AAcquisition · Completed

Info edge acquires Pb fintech

Info Edge acquired an additional 6.47% stake in PB Fintech through an NCLT-approved amalgamation process

Fintech
M&AAcquisition · Announced

Girnar finserv acquires SeedsAI

Girnar Finserv Private Limited (GFPL), an affiliate of InsuranceDekho, today announced the acquisition of SeedsAI, a SaaS platform specializing in LLM orchestration and AI automation.

SaaS platform for LLM orchestration and AI automation
M&AAcquisition · Completed

Federal bank acquires Ageas federal life insurance

Federal Bank has acquired an additional 3,20,00,000 equity shares (4%) of Ageas Federal Life Insurance Company (AFLIC) from Ageas Insurance International NV at a price of Rs. 30.45 per…

Life insurance
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
FundingPreferential Allotment

Medi Assist Healthcare Services

Medi Assist Healthcare Services Ltd has secured ₹198 crore from the Massachusetts Institute of Technology and its affiliate 238 Plan Associates LLC through a preferential allotment, the…

Investors Massachusetts Institute of Technology, 238 Plan Associates
Health Benefits Administration
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
LaunchReserve Pay

Navi

Navi announced two new UPI features today based on yesterday’s UPI product launches. Reserve Pay and EV Recharge via Banking Connect will now soon be featured on Navi’s app.

UPI Feature
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.

M&AAcquisition · Announced

Pb fintech acquires Pensionbazaar.com

PB Fintech has acquired Pensionbazaar.com

FundingSecondary Transaction

Acko

The family office of cricketer MS Dhoni has invested in insurtech unicorn Acko, participating in a secondary transaction.

Investors Dhoni Family Office
InsurTech
FundingDebt funding

Navi technologies

Fintech unicorn Navi Technologies has secured ₹170 crore (approximately $20 million) through a debt funding round led by PhillipCapital, with participation from NDX Finserve, Arpee…

Investors Phillipcapital, NDX Finserve, Arpee Group, Ambit finvest
Fintech
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
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.

LaunchLife Insurance

Quickinsure

Quickinsure, a digital-first insurance broker, has announced two key initiatives aimed at expanding insurance access across India: the addition of life insurance to its growing product…

Insurance

InsurTech companies in Bengaluru, by revenue

Browse insurtech companies in Bengaluru by reported revenue, one-year revenue growth, revenue model, age and stage. The 49 companies below are the largest by their most recent reported revenue among 49 insurtech companies in Bengaluru, Karnataka 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 49

Provider of general and life insurance products across various categories

Internet first insurance platforms
₹8,219.52 crFY 2023-24
+40%2023–2024
3,170-82% 12 mo to Sep 2024LinkedIn · Oct 2026
10 yr2016
0none in 3 months

Provider of car, bike, health, life, and travel insurance policies

Auto e-commerce & content
₹2,887.45 crFY 2024-25
+34%2024–2025
1,740+6% 12 mo to Sep 2024LinkedIn · Oct 2026
10 yr2016
25postings · last posted Sep 2026

Provider of financial products including UPI, loans, insurance, and mutual funds

Payments
₹2,689.14 crFY 2024-25
-4%2024–2025
3,457-8% 12 mo to Aug 2024LinkedIn · Oct 2026
14 yr2012
16postings · last posted Sep 2026

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

Insurance it
₹708.65 crFY 2024-25
Not reported
1,600LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Jul 2026

Real-time credit-decisioning platform and data aggregation APIs

Banking tech
₹244.66 crFY 2022-23
Not reported
1,600+2% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
—No postings tracked

Provider of a monthly subscription-based employee healthcare platform offering group health benefits

Hrtech
₹168.26 crFY 2024-25
Not reported
419-28% 12 mo to Aug 2024LinkedIn · Oct 2026
6 yr2020
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

Provider of advisory services for health and term life insurance

Internet first insurance platforms
₹97.12 crFY 2024-25
+86%2024–2025
1,456+127% 12 mo to Sep 2024LinkedIn · Oct 2026
8 yr2018
3postings · last posted Sep 2026

Provider of employee health benefits and insurance plans for businesses

Employer insurance
₹69.92 crFY 2024-25
+54%2024–2025
884+10% 12 mo to Sep 2024LinkedIn · Oct 2026
7 yr2019
0none in 3 months

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

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

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 health insurance plans with outpatient and hospitalization coverage

Healthcare payer tech
₹27.22 crFY 2024-25
+226%2024–2025
659+116% vs previous recordLinkedIn · Oct 2026
6 yr2020
5postings · last posted Sep 2026

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

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

Alternative lending
₹19.95 crFY 2024-25
-7%2024–2025
108-38% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of outsourced insurance operations, including underwriting, policy, claims, and analytics

Insurance underwriters
₹17.89 crFY 2024-25
+30%2024–2025
131LinkedIn · Jul 2026
16 yr2010
1postings · last posted Aug 2026

Provider of employee benefits management platform for companies

Hrtech
₹15.37 crFY 2024-25
+29%2024–2025
276-11% 12 mo to Aug 2024LinkedIn · Oct 2026
6 yr2020
0none in 3 months · last posted Jul 2026

Provider of healthcare payer-provider network solutions

Healthcare payer tech
₹13.99 crFY 2024-25
+2%2024–2025
187-10% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Apr 2026

SaaS based insurance and banking solutions for businesses

Insurance it
₹8.58 crFY 2024-25
+32%2024–2025
81+1% 12 mo to Mar 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Risk analytics solutions for insurance & risk management community

Grc software
₹8.51 crFY 2024-25
+7%2024–2025
46+14% 12 mo to Mar 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

App-based comparison platform for auto insurance

Auto e-commerce & content
₹7.89 crFY 2024-25
+138%2024–2025
180LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jul 2026

Online employee health benefits platform for businesses

Hrtech
₹7.81 crFY 2024-25
-11%2024–2025
115+5% 12 mo to Jul 2024LinkedIn · Jul 2026
6 yr2020
6postings · last posted Sep 2026

Provider of financing solutions for insurance premiums through monthly installments

Internet first insurance platforms
₹5.95 crFY 2024-25
+108%2024–2025
76+40% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

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

Internet first insurance platforms
₹5.57 crFY 2023-24
+91%2023–2024
33+106% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online platform for liability insurance for businesses

Internet first insurance platforms
₹4.89 crFY 2024-25
+98%2024–2025
91LinkedIn · Jul 2026
5 yr2021
4postings · last posted Aug 2026
49 of 80 companies shown here · the full list is on Radar
Fliar Radar

Explore all 80 insurtech companies in Bengaluru on Radar

This page shows the top 49. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 80 insurtech companies in Bengaluru, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore insurtech companies in Bengaluru by what you are looking for

Discover top insurtech companies in Bengaluru, from digital insurers to insurance software providers. You can also find insurtech startups in Bengaluru and companies that are hiring.

8 ways to explore insurtech in Bengaluru

Digital insurers & online insurance platformsInsurance software & technology providersEmployee health insurance & benefits platformsBanking tech, lending & risk compliance for insurersHealth insurance tech & healthcare payer platformsMotor insurance, AI & connected vehicle insurtech

Digital insurers & online insurance platforms

Internet-first insurers and platforms that sell car, health and life insurance online.

  1. Digit Insurance

    Provider of general and life insurance products across various categories

    Internet first insurance platforms
    See in list
  2. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  3. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  4. Even

    Provider of health insurance plans with outpatient and hospitalization coverage

    Healthcare payer tech
    See in list
  5. Bimaplan

    Platform enabling multiple insurance policies

    Insurance it
    See in list

Insurance software & technology providers

Software for insurers, brokers and agents covering policy, claims and agency management.

  1. Perfios

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

    Insurance it
    See in list
  2. Exdion

    Digital transformation and automation for the insurance and healthcare sectors

    Insurance it
    See in list
  3. Bimaplan

    Platform enabling multiple insurance policies

    Insurance it
    See in list
  4. Insure Pro 2.0

    Provider of outsourced insurance operations, including underwriting, policy, claims, and analytics

    Insurance underwriters
    See in list
  5. Remedinet Technologies

    Provider of healthcare payer-provider network solutions

    Healthcare payer tech
    See in list

Employee health insurance & benefits platforms

Platforms that help employers offer health insurance, wellness and other benefits.

  1. OnSurity

    Provider of a monthly subscription-based employee healthcare platform offering group health benefits

    Hrtech
    See in list
  2. Pazcare

    Provider of employee benefits management platform for companies

    Hrtech
    See in list
  3. Wurkwell

    Provider of employee workplace wellness and benefits platform

    Employee health it
    See in list
  4. Medi Assist

    Provider of benefits administration, international private medical insurance, and self-funded plans

    Employer insurance
    See in list
  5. BerryBox Benefits

    Provider of a DIY insurance management portal for enterprises and individuals

    Employer insurance
    See in list

Banking tech, lending & risk compliance for insurers

Fintech, credit, risk analytics and compliance tools used with insurance.

  1. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  2. Perfios

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

    Insurance it
    See in list
  3. Finvolv

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

    Alternative lending
    See in list
  4. EigenRisk

    Risk analytics solutions for insurance & risk management community

    Grc software
    See in list
  5. Finsall

    Provider of financing solutions for insurance premiums through monthly installments

    Internet first insurance platforms
    See in list

Health insurance tech & healthcare payer platforms

Companies connecting health insurance with hospitals, clinics and healthcare networks.

  1. ABI Health

    Provider of AI-driven solutions for healthcare operations

    Insurance it
    See in list
  2. Even

    Provider of health insurance plans with outpatient and hospitalization coverage

    Healthcare payer tech
    See in list
  3. Remedinet Technologies

    Provider of healthcare payer-provider network solutions

    Healthcare payer tech
    See in list
  4. MedPiper

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

    Internet first insurance platforms
    See in list
  5. MyDentalPlan

    Network of dental professionals providing plans, treatments, and oral healthcare

    Healthcare booking platforms
    See in list

Motor insurance, AI & connected vehicle insurtech

Usage-based motor insurance, AI, computer vision and chatbots for insurers.

  1. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  2. iNube

    Software solutions provider for multiple verticals

    Internet first insurance platforms
    See in list
  3. Remedinet Technologies

    Provider of healthcare payer-provider network solutions

    Healthcare payer tech
    See in list
  4. Insuremile

    App-based comparison platform for auto insurance

    Auto e-commerce & content
    See in list
  5. Yatis

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

    Iot applications
    See in list

Insurtech startups in Bengaluru

Newer insurtech companies in Bengaluru founded in the last few years.

  1. BimaKavach

    Online platform for liability insurance for businesses

    Internet first insurance platforms
    See in list
  2. Mitigata

    Provider of cyber insurance products and digital security monitoring services

    Insurance it
    See in list
  3. BerryBox Benefits

    Provider of a DIY insurance management portal for enterprises and individuals

    Employer insurance
    See in list
  4. Healspan

    Platform offering insurance policy and claims management services

    Insurance it
    See in list
  5. Wisedrive Technologies

    Inspection service and warranty solutions for used cars

    Professional consumer services
    See in list
30 companies in Bengaluru

Insurtech companies hiring in Bengaluru

Insurtech companies in Bengaluru with open roles.

  1. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  2. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  3. Perfios

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

    Insurance it
    See in list
  4. Welnext

    An online marketplace of healthcare services

    Healthcare payer tech
    See in list
  5. ABI Health

    Provider of AI-driven solutions for healthcare operations

    Insurance it
    See in list
16 companies in Bengaluru
Mobile reach

Top 10 insurtech apps from Bengaluru

The most-installed Android apps published by insurtech companies headquartered in Bengaluru — 205.8M installs between them. 11 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Navi: UPI, Payments, Insurance

by Navi

Installs178.6M
Rating4.475.6M ratings
Last updatedMay 2026
View on Google Play ↗
Navi: UPI, Payments, Insurance screenshot 1Navi: UPI, Payments, Insurance screenshot 2Navi: UPI, Payments, Insurance screenshot 3Navi: UPI, Payments, Insurance screenshot 4Navi: UPI, Payments, Insurance screenshot 5
2

ACKO Insurance

by ACKO

Installs20.5M
Rating4.55380K ratings
Last updatedJun 2026
View on Google Play ↗
ACKO Insurance screenshot 1ACKO Insurance screenshot 2ACKO Insurance screenshot 3ACKO Insurance screenshot 4ACKO Insurance screenshot 5ACKO Insurance screenshot 6
3

Digit Insurance

by Digit Insurance

Installs6.3M
Rating4.54104K ratings
Last updatedMay 2026
View on Google Play ↗
Digit Insurance screenshot 1Digit Insurance screenshot 2Digit Insurance screenshot 3Digit Insurance screenshot 4Digit Insurance screenshot 5Digit Insurance screenshot 6
4

Pazcare

by Pazcare

Installs235K
Rating—
Last updatedMay 2026
View on Google Play ↗
Pazcare screenshot 1Pazcare screenshot 2Pazcare screenshot 3Pazcare screenshot 4Pazcare screenshot 5Pazcare screenshot 6
6

Even Healthcare

by Even

Installs89K
Rating—
Last updatedMay 2026
View on Google Play ↗
Even Healthcare screenshot 1Even Healthcare screenshot 2Even Healthcare screenshot 3Even Healthcare screenshot 4Even Healthcare screenshot 5Even Healthcare screenshot 6
7

Edelweisslife-Kriyam

by Kriyam

Installs4K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Edelweisslife-Kriyam screenshot 1Edelweisslife-Kriyam screenshot 2Edelweisslife-Kriyam screenshot 3Edelweisslife-Kriyam screenshot 4
9

Niramaya by BimaKavach

by BimaKavach

Installs537
Rating—
Last updatedFeb 2026
View on Google Play ↗
Niramaya by BimaKavach screenshot 1Niramaya by BimaKavach screenshot 2Niramaya by BimaKavach screenshot 3Niramaya by BimaKavach screenshot 4Niramaya by BimaKavach screenshot 5
10

KScan Lite

by Perfios

Installs110
Rating—
Last updatedApr 2026
View on Google Play ↗
KScan Lite screenshot 1KScan Lite screenshot 2KScan Lite screenshot 3KScan Lite screenshot 4KScan Lite screenshot 5KScan Lite screenshot 6
The business behind the activity

InsurTech financials in Bengaluru

Revenue, profit and growth from the filed annual accounts of 38 insurtech companies in Bengaluru, Karnataka for FY24-25 — 51 of the 80 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 78% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,320.72 cr

38 companies filing accounts

combined net profit−₹721.71 cr

-54.6% aggregate margin

are profitable34%

13 of 38 companies

median revenue~₹6.3 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five78%

revenue concentration

Six-year view

Combined revenue of filing companies

₹300.97 crFY19-2028 filers
₹306.37 crFY20-2132 filers
₹601.16 crFY21-2236 filers
₹1,348.84 crFY22-2336 filers
₹1,475.79 crFY23-2443 filers
₹1,320.72 crFY24-2538 filers

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

Like-for-like

The same 27 companies over three years

+27%
FY22-23₹903.25 cr−₹503.20 cr net
FY23-24₹1,289.59 cr−₹423.30 cr net
FY24-25₹1,143.42 cr−₹641.39 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 cr838% profitable
₹1–10 cr1625% profitable
₹10–100 cr1155% profitable
₹100–1,000 cr30% 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

Shrinking11
0–20%7
20–50%4
50–100%5
Doubled+9

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

Profitability

Profit is concentrated at the top

13profitable
25loss-making
-54.6%aggregate margin
-11.1%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
EvenEven Healthcare Private Limited+209%₹25.05 cr
Ditto InsuranceTacterial Consulting Private Limited+86%₹97.12 cr
ABI HealthABI-HEALTH TECHNOLOGIES PRIVATE LIMITED+60%₹23.07 cr
Insure Pro 2.0INSUREPRO SERVICES PRIVATE LIMITED+30%₹17.89 cr
ACKOACKO TECHNOLOGY & SERVICES PRIVATE LIMITED+14%₹207.57 cr
PlumPLUM BENEFITS PRIVATE LIMITED+14%₹13.94 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Ditto InsuranceTacterial Consulting Private Limited32.6%₹97.12 cr
ExdionEXDION SOLUTIONS PRIVATE LIMITED24.0%₹89.50 cr
Insure Pro 2.0INSUREPRO SERVICES PRIVATE LIMITED11.0%₹17.89 cr
ABI HealthABI-HEALTH TECHNOLOGIES PRIVATE LIMITED7.2%₹23.07 cr
WelnextGOWELNEXT SOLUTIONS PRIVATE LIMITED0.8%₹36.01 cr
iNubeINUBE SOFTWARE SOLUTIONS PRIVATE LIMITED0.6%₹39.81 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Insurance it12₹159.96 cr~₹3.2 cr33%3.3%
Internet first insurance platforms6₹143.55 cr~₹3.2 cr50%16.6%
Leaders

Largest insurtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
NaviNAVI LIMITED₹523.41 cr−₹355.64 cr-67.9%-32%
ACKOACKO TECHNOLOGY & SERVICES PRIVATE LIMITED₹207.57 cr−₹208.54 cr-100.5%+14%
OnSurityONSURITY TECHNOLOGIES PRIVATE LIMITED₹114.08 cr−₹62.01 cr-54.4%-9%
Ditto InsuranceTacterial Consulting Private Limited₹97.12 cr₹31.65 cr32.6%+86%
ExdionEXDION SOLUTIONS PRIVATE LIMITED₹89.50 cr₹21.49 cr24.0%+12%
iNubeINUBE SOFTWARE SOLUTIONS PRIVATE LIMITED₹39.81 cr₹23.74 lakh0.6%+3%
WelnextGOWELNEXT SOLUTIONS PRIVATE LIMITED₹36.01 cr₹29.97 lakh0.8%+5%
EvenEven Healthcare Private Limited₹25.05 cr−₹83.28 cr-332.5%+209%
BimaplanPURPLE UMBRELLA FINTECH PRIVATE LIMITED₹24.82 cr−₹6.73 cr-27.1%—
ABI HealthABI-HEALTH TECHNOLOGIES PRIVATE LIMITED₹23.07 cr₹1.66 cr7.2%+60%
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

Insurtech Industry Landscape of India

The financials above are one chapter. The full insurtech landscape of Bengaluru 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 insurtech landscape of Bengaluru
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

InsurTech funding and M&A across India

473 recorded equity rounds have gone to 711 insurtech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Bengaluru compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months7

US$57.71m

equity rounds, last 24 months38

US$292.24m

raised over five yearsUS$2.44bn

228 rounds in India

M&A deals, India21

last 24 months

Capital by year

Equity funding into insurtech in India

amount rounds
$167m201829
$368m201936
$753m202046
$818m202169
$578m202248
$564m202345
$218m202431
$238m202531
$26m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$817.80m across 69 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$9.45m31 rounds · median US$102k
SeedUS$121.38m108 rounds · median US$587k
Series AUS$494.23m37 rounds · median US$5.00m
Series BUS$253.76m14 rounds · median US$17.70m
Series CUS$539.43m13 rounds · median US$23.98m
Series D+US$1.02bn24 rounds · median US$19.79m
Where the money went · five years

Most-funded sub-sectors

Internet first insurance platformsUS$1.06bn67 rounds · 32 companies
Insurance itUS$432.65m62 rounds · 25 companies
Auto e-commerce & contentUS$400.36m9 rounds · 3 companies
Consumer electronics e-commerceUS$158.72m10 rounds · 2 companies
Insurance distributionUS$117.35m7 rounds · 1 companies
HrtechUS$107.58m12 rounds · 4 companies
Healthcare payer techUS$84.43m9 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

18Acquisition
2Merger
1Completed

Most active acquirers

  1. Perfios5
  2. Federal bank2
  3. Life insurance corporation of india2
  4. Raise financial services1
  5. Raise Financial1

Most acquired or merged

  1. Manipalcigna health insurance3
  2. Ageas federal life insurance2
  3. GreenLife Insurance Broking1
  4. GreenLife Insurance1
  5. Aldun1

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

InsurTech funding in Bengaluru

33 insurtech companies in Bengaluru have recorded equity funding, US$2.04bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Bengaluru

Meet the people behind insurtech companies in Bengaluru. 61 of 80 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Bengaluru insurtech companies by sub-sector

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

Keep exploring insurtech in India and nearby markets.

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